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A1Investments

BUY Gold As It Approaches 3X Tested Support Trendline

Long
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
A1Investments Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Trend Lines Support and Resistance Gold goldtrading Forex Metals LONG longsetup Bullish Patterns
4
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trendanalysis trendline supportandresistance gold goldtrading forex metals long longsetup bullish
Gold has fallen quite a bit since it reached it's highest peak of the year at 1346-1347$ in February. However, the bearish market took over and has pushed it down to it's 3x tested support trendline around 1267-1268$. Now is looking like a good time to buy in as Gold should bounce off the trendline into either it's previous swap level (support turn into resistance) or the resistance CTL from this year's high.

Trade Details :

SL : 1262
TP 1 : 1275
TP 2 : 1285
Trade active:
TP 1 hit
Trade closed: target reached:
TP 2 just got smashed!
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