READ THE GRAPHIC!
Expect an important downside move...
-head and shoulders
-important resistance at 1234.5
1175.00 --> long term trade
Happy trading week
like and enjoy
READ THE GRAPHIC...MOEX:USDJPY
Important confluence 38.20% and 61.80%
PERFECT AB:CD movement!
Target: 115.000,115.500 and 116.600
Stop loss:112.900 and 112.750
R/R 2.2 and 2.48
Enjoy and happy trading week
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After 2 months of bullish cycle, it's time to bring gold down...
As you can see in the image, there are multiple confluences in 1255-1257 area.
I'm expecting an important bearish move to 1200.00 (monthly support).
My stop loss is going to be at 1261.00