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Gold Signal Long 1810 TP 1840 SL 1802

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Gold price trading in a descending triangle, which indicates a possible move lower if price breaks below 1850. However, the correlation coefficient between gold and the DXY is near -0.90. A correlation coefficient of -1.00 would indicate that the 2 instruments are perfectly negatively correlated. Gold may continue higher towards first resistance is 1900, then the...

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Gold trading plan on 1st November ‘20