jamaldwayne

Cyclical rebound in downtrend

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold has been making lower highs and lower lows since 8 September. The recent rally lasted exactly 10 days and resembles the previous secondary trend we saw in October. GOLD is nearing a point of convergence of multiple indicators, both bearish and bullish.
Trade closed: stop reached
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