For the past week, the consolidation has made it clear that if Gold choose to break up, the 1800 neighborhood WILL NOT HOLD. I put my bet on the long as this week passes by. You can see my logic from the chart.
Plan B: if gold chooses to break down, a breakout trade shall be in place.
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watch out closely for breakout, more importantly, validation.
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price broke up, targeting for 1810, 1820
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let's see if it breaks 1823, if it does, the target area will be 1830.
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still holding my positions, if price rip through 1830, then 1840, 1847