Hi Everyone, In our previous analysis of Gold we went Bullish and it HIT our Targets perfectly even though we closed earlier and Booked our profits! Now, let's talk about the current market situation, Since 2018 market always heads down breaking yearly lows in such cases of Stocks and Commodities. and we don't think Gold is ready enough to break and surpass the Majors Resistance levels at 1365.01 as well as our technicals shows a clear Bearish run down from Indicators, Price action and Waves currently Gold price is hovering at 1341 where 20-SMA, Dynamic resistance and 618 Fib extension indicates Bearish pattern overlay, (Short term trade will be published in update section below) So, here's our preferences, (for Long Term Trade) SELL NOW - 1342 STOP LOSS - 1366.87 TARGET - 1298.51
have any doubts? than, let us know in the comment section below and make sure to give this analysis a Thumbs UP +_+ Join our Telegram (link in BIO) Source - General public Information!
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(SHORT TERM TRADE) SELL NOW - 1344 SL - 1346 TP - 1330 Stay Tight with management GOODLUCK!
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PERFECTION, Touched 1344.58 and reversed, Bear rally in Action (Keep Holding)
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London about to open, Trade is running good currently at (+60 PIPS) of Profit! Move your STOP LOSS to Entry point for a (breakeven) Risk free trade!
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A beautiful Trade on GOLD, TP HIT (+140 PIPS) of Profit! let us know how much you made in the comment section below, Don't forgot to hit that LIKE BUTTON! #Perfection
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GUYS, BOOK your Profits on GOLD, now with (+100 PIPS) of profits in Long term trade. as per short term bias, gold prices will rise up so why not to close early and reenter at the top (again) :)