BullBearMkt

DANGEROUS! IF Gold Break Below Ending Diagonal Sighting 1720!!!

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Interesting thing about Ending Diagonal correction pattern is that the asset breakout can occur either side - bullish or bearish. With increasing bearish sentiment on gold, there is high possibility for gold to continue on the down side. Possible reversal level at 1789 or possibly testing the lower channel of the daily bullish wedge... However, a break above the correction may cause gold to start ticking up

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades

Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...

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