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Whether its the trade talks or now the threat of War expect some Gold volatility.
We have had a substantial 1000 pip move and now we are at the peak of the broken bull flag structure seen easily on the HTF. We are overdue a pull back, but so far are not showing any signs of one. If we do look for selling pressure we are likely to entice buyers at the ascending...
Showing selling pressure from the weekly resistance area as shown. Expect a downward move to the trend line and also a retest of the descending trend line structure.
We then may entice buyers and can look for a buy opportunity up to the outer TL structure as shown.