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MULTIDIMENSIONALTRADER
Dec 23, 2020 5:12 PM

GOLD ANALYSIS Long

Gold/U.S. DollarFXCM

Description

Gold has not yet broken out, Still good price to buy below 1865. Inverse head and shoulders in formation.
Comments
JamesWoon
I Agree. Are you in this position currently? I have read that the Christmas holiday spreads can be very big, I’m considering closing and reopening again in January, what do you think?
MULTIDIMENSIONALTRADER
@JamesWoon, I have been stacking positions from 1790 onwards and currently in 9 Gold positions. I have not noticed the spreads to be honest.

if you have good lower entries (below 1840) and they are protected it might be a good idea to hold.
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