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DeGRAM
Jan 31, 2023 10:12 AM

DeGRAM | GOLD counter trend trade Long

GoldOANDA

Description

GOLD is pulling back to the major support level at 1900. The market is trading in a downward channel .

Price broke and closed below the major level at 1920, which gives the market a bearish sentiment. However

Price action prints the bullish harmonic pattern after a sell-off.

We look for short term counter-trend trade opportunities at the confluence level: support level + psychological number 1900 + harmonic pattern .


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Comments
DeGRAM
Good luck in the markets and have a great one!
TheCryptagon
Keep up the good work! Sharing is caring, so here is our technical analysis:
InvestingScope
Technical analysis straight from the textbook. Sharing ours too:
Mihai_Iacob
Thanks for sharing your vision on GOLD with us!
I'm also bullish on GOLD. Let's see what will happen in time
TheTradersAvenue
perfect analysis, keep it up
InkyGrip
XAUUSD wants to go up
TraderAmin-KZ
perfect 👏
Agger01
Do you think we'll see a strong downside soon?
theCrypster
A wealth of experience and knowledge right here. Top job buddy!
CryptoCheck-
Excellent work here DeGram, many thanks
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