Welcome to the VAPORWAVE_TECHNICOLOR_DREAMHOUSE~~~~~
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GOLD made a solid run at the first big resistance price of $1746/oz but was unfortunately rejected. However, buying pressure has continued to keep the price near resistance.
Support from every MA under the sun will keep this price moving upwards and you an expect to see another run up in the next 24 hours.
If price breaks this resistance at $1746 we can expect the price to make a run up to $1795 ($1800).
Traders have been waiting for this moment for years, the last time the price was this high was in 2013. I would expect any rejection from price highs will result in a massive dump as investors have undoubtably been filling their collections for years.
Could these high prices be a good short opportunity, totally!
As always remember the golden rule to trading success 🔑
BUY SUPPORT
SELL RESISTANCE
Cheers,
Banana
PS. Like this idea and want more? Join Flash Trading for daily discussion and calls!
Before we get into it show your support and give me motivation by clicking LIKE 👍🏽
Don’t forget to comment below and let me know what you think 🤔
GOLD made a solid run at the first big resistance price of $1746/oz but was unfortunately rejected. However, buying pressure has continued to keep the price near resistance.
Support from every MA under the sun will keep this price moving upwards and you an expect to see another run up in the next 24 hours.
If price breaks this resistance at $1746 we can expect the price to make a run up to $1795 ($1800).
Traders have been waiting for this moment for years, the last time the price was this high was in 2013. I would expect any rejection from price highs will result in a massive dump as investors have undoubtably been filling their collections for years.
Could these high prices be a good short opportunity, totally!
As always remember the golden rule to trading success 🔑
BUY SUPPORT
SELL RESISTANCE
Cheers,
Banana
PS. Like this idea and want more? Join Flash Trading for daily discussion and calls!