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DeGRAM
Mar 21, 2023 10:45 AM

DeGRAM | GOLD short term pullback Short

OANDA:XAUUSD60
GoldOANDA

Description

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GOLD is pulled back from the resistance. The market could remain above the psychological level of 2000. 

Price action printed a head-and-shoulders pattern, meaning bulls are running out of steam.

We expect a test of the neckline and a short-term pullback from the resistance.


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Trend AnalysisChart PatternsSupport and Resistancegoldanalysisgoldsignals
Comments
SpartaBTC
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The ascending canal is broken. The main thing is that the price does not stay in these values for a long time.
DeGRAM
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@SpartaBTC, Thank you! I really appreciate it
Traders-Club
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Perfect!
ceciliones
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great work
TradingShot
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Taking into consideration the market conditions, your forecast should work quite well. Great work.
DemoDiaryFX_Trading
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thanks for your post!
TheCryptagon
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Crystal clear charting. I agree with your idea bearish moves is on the way ! See below our opinion on the current market structure:
CobraVanguard
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massive gains. great for crypto market as well.
TradingShot
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Very good analysis, thank you.
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