Short

Updated

Gold is at supply zone

$CURRENCYCOM:GOLD
Gold is at supply zone on 2050 level look for negative price action here to short till 2000 or the low of the price channel target .

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Almost 10 points down after post the idea

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2023 now

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Done

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Watch out for H&S breakout may fall further

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Channel break out below 2000 now

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From 2050 to 1970 fall

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Almost near to metioned target

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Working out nice so far

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1950 area would be ideal to go long good reward and low risk nicely holding there one more test to confirmation

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look for positive price action here if not further fall from here to next marked level or atleast half to it

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Gold will test 200 ema in daily time frame

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1900 area soon will be tested

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1900 area tested as metion above

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Also on:

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.