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Roey_

Gold is falling, what should the bulls do?

Long
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
Roey_ Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns XAUUSD xauusdshort xauusdlong xauusdbuy xauusdanalysis xauusdupdates xauusdsignal xauusdsell xauusdidea
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trendanalysis chartpattern xauusd xauusdshort xauusdlong xauusdbuy xauusdanalysis xauusdupdates xauusdsignal xauusdsell xauusdidea
snapshot

In the 30m chart, gold is supported by MA60 near 2024. As long as it does not fall below this point, gold will continue to rise. If it falls below, gold will fall to around 2016.

If you hold long positions at this time, you can trade short positions, hedge, control risks, close short positions around 2018, increase long positions, and rise to around 2023. If the strength of the rise is not enough, you can close all orders. If the strength of the rise is quite strong, It is possible to close some orders and leave some to hold.


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Gold is supported near 2024 and is currently rising and our bulls are making money
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