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SteveTan
Aug 28, 2021 8:07 AM

GOLD need to be capped below 1835 for resuming downtrend 28/8/21 Short

Gold/U.S. DollarFXCM

Description

GOLD Price have broken 1810. Next Major Resistance will be 1835. For The validation of running flat pattern ABC (yellow) Price of Gold need to be capped below 1835, Short Gold as previous idea at around 1825, where there are 1)strong Resistance 2) Supply zone and 3)down trend line (red dotted line). Stop Lost at 1835.. Target Profit 1 at 1600
Comments
shahid0088
so far if it doesn't break previous high then it can be bearish but so far it is moving up towards 1920
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