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ForexTrendline
Oct 7, 2021 10:31 AM

Rejection of a level on GOLD Short

GOLD / U.S. DOLLARICE

Description

Yesterday we looked at two different options to enter short on GOLD.


There is still a higher probability that we will see another push up to 1780 and then a rejection.
NFP is due tomorrow and that could be the beginning of the next move.

Before that any trades will carry higher risk and they should be entered with less volume.

We are monitoring the 1789 level for a possible reversal from there!
Comments
LuckyTrader102
Nice call
ForexTrendline
@LuckyTrader102, thanks man!
TychonTrades
Good call!
financialflagship
Nice chart, keep up the good work. 😊
FXKillA
👍🏼
KlejdiCuni
Always great ideas!
ForexTrendline
@KlejdiCuni, cheers bro!
TheSignalyst
I agree brother very possible, unless the buyers break above the 1800 again
ForexTrendline
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