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MarcellusLUX
Jun 2, 2021 6:44 AM

A pullback is possible in Gold 

Gold/U.S. DollarFXCM

Description

Gold appears to have hit a hurdle in the 1910 level.
The bulls are unable to take out the 1910 level and we have some
consolidation in this area.

At the same time, US Dollar seems to have found some bids.
This can lead to a pullback in the price of Gold.

If gold continues to struggle in this area then selling Gold@1900-1910
with SL above 1920 and TP at 1845 would be a possible pullback trade.
Comments
KlejdiCuni
Thanks for sharing
FOREXN1
I agree with you .
UnknownUnicorn4127247
amazing analysis, thanks
emillyricci
We will need a strong break of the uptrend to reverse this current trend.
SoulDavies
we always win..
AtlasTrades
Nice one! Awesome chance here!
MarcellusLUX
@AtlasTrades, I am glad that you found this idea useful even after 5 days :)
financialflagship
Great job, keep it up. 👍
MarcellusLUX
@financialflagship, I am glad that you found this idea useful even after such a long time in a fast moving market!!!
Sangam-Agarwal
agree with you
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