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Short Position for bounce of either 200 EMA or 1800.00 Price
Gold Spot / U.S. Dollar
Short
Short Position for bounce of either 200 EMA or 1800.00 Price
By SunLion506
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Updated
Oct 15, 2021
3
Oct 13, 2021
Taking Short position for a possible 200 EMA bounce back to Bearish around 200 EMA and 1800.00 Price point on daily chart.
Oct 13, 2021
Note
I would recommend to wait for a solid confirmation candle.. In the past the chart has passed the 200 EMA before becoming Bearish.
Oct 15, 2021
Note
Closed Short position since chart is near 200 EMA on 1 hour chart.
Oct 15, 2021
Note
Chart has reached the 200 EMA on 1 hour chart.
Trend Analysis
SunLion506
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