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Pro-Hiram
Feb 11, 2020 3:11 PM

XAUUSD reaches resistance Short

Gold/U.S. DollarFXCM

Description

Plan A: XAUUSD has a relatively large pressure in the 1568-1576 range. I think I can use this range and the 0.618 position to short XAUUSD.



Plan B: If XAUUSD breaks through 1577.90 I will buy gold backhand.

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