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Gold Spot / U.S. Dollar
Short

Next week gold trade before fomc

By mytrade1602
Updated
ABCD and the bottom edge of the bearish channel. Suggest to short in the range 1164 ~1172 to 1148 and take your profit. For fomc, gold might touch 1133 or lower and go up for retrace or reversal.
Comment
Seems that it's going to reach 1148 directly.
Comment
in 5 min chart, gap at 1159, short from there
Comment
sorry, 1 min chart
Comment
If you short from 1159~1160, better take your profit around 1153. There might be another wave up to 1166
Trade closed manually
See the pattern bearish bat, the price can go up to 117x
mytrade1602

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