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Captain_Walker
Feb 23, 2019 12:55 PM

Gold - maybe a time to take profits 

GOLD / U.S. DOLLARICE

Description

Gold has had a good run north on the daily time frame and is coming into a powerful zone of congestion. It's not looking great for going long on the 1D now. There are opportunities for shorting on lower time frames but those do not look too good either. Possibly - just possibly - there may be more profit taking on this around this time. I'd be cautious with this one.
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