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Xauusd traders Malaya
since Sep 11, 2020
chartpattern
containsioscript
harmonicpatterns
trendanalysis
waveanalysis
xauusdshort
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Gold is recovering for the second day in a row after it formed a bearish two-bar reversal pattern (green-shaded rectangle in the chart below) at the top of the early-July move. This pattern forms after a long green-up day is followed by a long red-down day of a similar length and size. It can be a sign of a short-term reversal. The outlook is unclear. There is a...
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Gold trading offers numerous opportunities, but it requires a strategic approach and thorough understanding of market dynamics. By leveraging both fundamental and technical analysis, diversifying investments, and implementing robust risk management practices, traders can navigate the complexities of the gold market and capitalize on its potential.
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