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rockatrader
Mar 1, 2022 2:21 AM

Potential SHORT on GOLD Short

Gold/U.S. DollarFXCM

Description

Many analysist shows the gold will bullish all the way due the Russia Ukraine war. I think Russia who hold the 4th gold reserve in the world might sell some of their gold to support the economy after the sanction.

On the technical side, the price are still playing at the resistance area after few rejection. This indicates volume are getting low.

Please DYOR. Happy trading!

Trade closed: stop reached

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