We have identified Descending Broadening Wedge in Gold 4H chart. It is very likely that the price action will try to retest the $1200 level and then target $1185 and $1165.
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions.
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions.
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We are in a new channel now. The price hit 1199.43.
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Welcome back to the wedge.
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We are heading down..
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More short added.
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Ouch!
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Ouch!
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we are in descending channel.
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sooner or later.
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