GOLD bounced off the support level and retraced to the 38.2% fibo level.
The market created the kill zone, where we have dynamic resistance and fibo levels. Price has already reacted to the level.
If the market prints the double top, it's going to be a good confirmation to short the market.
However, if the gold breaks and closes above the resistance, it's going to be a trend shift.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The market created the kill zone, where we have dynamic resistance and fibo levels. Price has already reacted to the level.
If the market prints the double top, it's going to be a good confirmation to short the market.
However, if the gold breaks and closes above the resistance, it's going to be a trend shift.
------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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