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Gold: Wait for the break to the downside or upside
CFDs on Gold (US$ / OZ)
Gold: Wait for the break to the downside or upside
By trader_24
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Jan 31, 2021
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Jan 31, 2021
Still on the no-trade zone.
Wait for the break of 1820-1818 support for a short position and 1875 resistance for a long position.
Last day candle is an inverted hammer which is a sign of reversal so I expect gold to retest 1900 in the coming days.
Chart Patterns
trader_24
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