beyondta
chartpattern
fundamental
indicator
trendanalysis
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The last bullish rally before retracement was 170 pips. (half this can be SL) The last 3 bearish moves from top of the channel have been 350+ pips Price will likely fill the wick from May 24th touching the top of the channel. IF A BREAKOUT HAPPENS BE CAREFUL AND ONLY BUY AFTER BULLISH AND BEARISH CANDLES CREATE HH. WE ARE LIKELY LOOKING AT A BEARISH MOVE...
5
Fundamentals are saying Gold futures are inching down (retracing) because it has been a bullish trend for quite some time it was long overdue for some substantive retracement/correction. They followed it up by saying economic uncertainty is likely to create pressure. Technicals show prices ranging inside of a channel and the middle of the channel acting as...
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