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maazussen
May 18, 2020 11:39 AM

Potential Gold sell for the correction Short

Gold/U.S. DollarFXCM

Description

Potential Gold sell - Long term picture to be bullish - may see a correction to previous broken R level that have now become S levels.

*educational purposes only*
Comments
Syeda69
Yeah i agree with your analysis!
maazussen
@Syeda69, Yep let's see what happens
Syeda69
@maazussen, Its correcting as we speak, brilliant! btw is there a way where we can tell when a currency is due for correction after bullish movements? It had double top at 1749 yet it still went up
maazussen
@Syeda69, Immediate levels of support are around 1749, then 1738 i believe - but you never know as this might just drop form here long term even. few different ways this can go
Syeda69
@maazussen, Yeah true anything can happen! thanks
MoneyMaliks
Where would you look to say this is an invalid trade?
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