STILL HOLDING SELL . Gold is still in the falling channel , so we are only looking for sales.
I expect growth to the upper line of the falling channel , after which the price will begin to fall to the support level of 1484
Yes. if you can see there are 3 breaking lines for each fibo levels and after its reach that breaking level (lets say as resistance) price gone down. So there is goo potential to have a sell trade.
Open at 1491
Note: Trade at your own risk....
XAUUSD reversed off its resistance at 1488.59 where it could potentially drop further to 1473.80.
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Good day Traders! Yesterday Gold play amazingly and congratulations to all of you who take the trade!
and today and now, we see a potential re entry to short gold again this time. all the entry level, stop loss and target profit area are shown in the picture, so enjoy the free bucks!
Let the Profits be With you
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I am currently looking at a possible running flat correction pattern with a more prolonged third impulse.
Expect down move to break the last low of 1459.378 before any chance of turning back up.
Thumbs up & follow for more!
XAUUSD expected to rise up to 1st resistance at 1488.80 where it could potentially react off and drop down to 1st support at 1473.80.
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The day when Bloomberg intelligence published the below-mentioned page, That was the same day when Gold and silver made there top and we have already warned you regarding this-
After hitting record highs in euros and British pounds, gold could be ready for new record highs in U.S. dollar terms, according to Bloomberg Intelligence (BI).
Gold prices had a stellar...