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FadeMeIfYouCan
Nov 26, 2020 4:20 AM

26/11/2020 #gold Consolidating, for a Possible next down Short

GoldOANDA

Description

Yesterday was quite a quiet day for gold, my trade plan nailed the top (tradingview.com/chart/XAUUSD/XHnHXqVl-25-11-2020-XAUUSD-Lost-its-luster-Is-the-selling-done/)

Today is holidays so expect another quiet day.

Based on price action, I am looking at a possible higher move before a strong sell.

My bias zone is at 1823.25-24.95 and 1816.3-17.19 is the location for a pullback below further down.
Below targets are 1800.35, 1793.027, 1781-84.37; this support zone should cap low of day. Lower support will be 1774.7.

Above 1824.95, resistance are 1827.63 and 1832.19 should cap high of day. Higher level will be 1843.45.
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