GOLD
Updated
GOLD
Comment
MY IDEA FOR GOLD IS BEARISH.HOWEVER, THERES SOME BULLISH PRESSURE AT PLAY. THIS CAUSES COMPRESSION AND MAY RESULT IN THE FORMATION OF A TRIANGLE. THE BREAKOUT OF THE ATL OR THE SUPPLY ZONE AT (C) WILL DETERMINE THE DIRECTIONAL BIAS.
DEPENDING ON HOW YOUR APPETENCY, YOU CAN TAKE A SHORT TERM BUY TRADE TO 1300.00
ITS HOWEVER SAFER TO TRADE THE BREAKS
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