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Gold-short

Gold targets 1910 dollars per ounceSupported by the news that Russia and Ukraine have held their fourth round of talks. Markets are taking a breather to retrace some of the risk-off movements that took place last week. After breaking below the key support level of 1950 dollars, gold has been gaining more bearish momentum. When looking for the next support and resistance levels, focus on the 1910-dollar cluster, which marks the 50% Fibonacci retracement as well as the support of a previously broken resistance high.
OANDA:XAUUSDShort
by MohannadYakout
XAUUSD - AMD SHORT ideaDear traders, Crazy times. Especially this month of February was full of action and now this Russia vs Ukraine war started. It affected GOLD so much. I have never seen such a daily candle on the chart. However. we still can benefit from it if we know what to do and manage our risk properly. Clearly, we are impulsing down after a massive rejection. A possible shift in trend to a bearish. Also, we can notice the "AMD" pattern. I will be looking for sells from the area I've marked. Good luck everyone. DISCIPLINE Strive for patience, perseverance, determination, & rational action. Limit your losses, use stops. Never cancel a stop loss order after you have placed it! It's just an idea of mine. However, everyone can share their thoughts in the comment section below. Also, don't forget to support me! :) Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice. Always plan your trade and trade your plan.
OANDA:XAUUSDShort
by d13wish