This is what we're looking at right now. We're in a similar symmetrical triangle to the other day when it broke out. Is tomorrow the day we get our low?
We have to wait and see. The levels are on the chart, breaking the short-term trend will put even more pressure on Gold to decline towards the 1720 level. Our immediate level at the moment is around 1762 where we could bounce and go up.
No new trades in at the moment, we took a long earlier and came out at resistance. We're still holding shorts from above, breaking back above 1800 and we'll look to reduce our exposure on them.
As always, trade safe.
We have to wait and see. The levels are on the chart, breaking the short-term trend will put even more pressure on Gold to decline towards the 1720 level. Our immediate level at the moment is around 1762 where we could bounce and go up.
No new trades in at the moment, we took a long earlier and came out at resistance. We're still holding shorts from above, breaking back above 1800 and we'll look to reduce our exposure on them.
As always, trade safe.
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: www.instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.