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GOLD ⇒ two same patterns!
Gold Spot / U.S. Dollar
GOLD ⇒ two same patterns!
By melikatrader94
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Updated
Feb 16
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Feb 12
hello guys...
as you can see, two head and shoulders patterns happened, the first one experienced a weak breakdown so we cannot count on it!
the second one is a slope pattern so we should wait until the price breaks down strongly! then we can get a short position with these targets:
target1: 1996.4$
target2: 1981.7$
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Feb 13
Comment
breakdown happened!
Feb 14
Trade closed: target reached
the first target touched
Feb 16
Trade closed: target reached
Beyond Technical Analysis
Chart Patterns
commodity
Gold
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Trend Analysis
XAUUSD
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