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motleifaul
Apr 13, 2016 2:14 AM

Now new high Short

FX:XAUUSD1W
Gold/U.S. DollarFXCM

Description

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The price holds below the EMA 256. We may consider this as a resistance and assume a retracement ahead.

Trade closed: target reached

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I am taking the profit now. However I suppose that after a correction the downmove will continue.
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