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xFlyxng
Jul 23, 2019 7:40 PM

XAUUSD - Support is going to break! Short

Gold/U.S. DollarFXCM

Description

Gold is most likely going to break through the 1416.00 support level. The five previous candles indicate that a strong downtrend is forming, there are NO bullish candles and buying power is rejected, as seen by the pinbars. The downtrend will most likely continue to the 1404.00 level.
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