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Gold Futures
Short
Updated

GOLT it's time for correction

89
GOLD has found a good resistance lever at 1440. While this levels holds, we will see recovery towards 1402 first target and if it breaks this level it will resume the down move and test the 1.1342-11336 level which is 0.618 retracement of the entire move up and 55 daily MA
Trade closed: stop reached
Be careful, RSI is forming divergence. We need close above 1440 for confirmation so the up side bias prevail
Sneks
Chart PatternsTechnical IndicatorsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTechnical IndicatorsTrend Analysis
Sneks

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.