GOLD Potential Reversal Ahead

Updated
Price has broken the triangle and now comes back creating a shorting opportunity.

200 SMA will be the key for this trade. A mid term bearish run may start with a rejection od 200 sma.

50% fibonacci levels coincide with sma, targets are on the chart

We wish you best of luck

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snapshot
No signal at the reversal zone
Moving AveragesPennantTriangle

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