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ForexTrendline
Oct 26, 2021 12:02 PM

The breakout on GOLD is due 

GOLD / U.S. DOLLARICE

Description

Today again, price holds in the 1782-1813 zone.
Like we said yesterday, we do not recommend any new trades while price is trading inside of this zone.

Once we see market closing above or below this zone, that's when we can look for potential entries.
Meanwhile, we've got 4 other positions. One of them is risk-free and we're waiting for development.

On GOLD we want to see a clear setup first.
Comments
Mafiaview
you are losing all these easy trades between this zone by not trading
ForexTrendline
@Mafiaview, maybe, but we have our own strategy
heavy_assault
gold is supposed to be heading down now as central banks dial down asset purchases. it's being manipulated up.
FOREX1DON
Facts I buy and now currently held in the reds buy at 1795
ForexTrendline
@FOREX1DON, so where is your target
kimstandgraph
Nice prospective. Thanks
ForexTrendline
@kimstandgraph, cheers man, you're welcome!
KlejdiCuni
ou nailed it
JuanSMora09
Accurate !!!
graphbullS
Nice idea. Thank you mate
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