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Follow up on #XAUUSD
The market did as I expected in my last analysis, came back to test the resistance zone, moved back down, gain up, you could have made a lot of money just trading the range assuming you trade ranges.
now the market is stuck between support and resistance until further notice.
1760 support
1790 resistance.
I have explained in my last analysis why I want to only sell rips, for the time being, right now I am not interested in selling gold as this level has been consumed and I am waiting to see a breakout to the upside or a breakout to the downside to reconsider selling more gold.
for gold bulls, you might be having a head and shoulders pattern developing.
Check today analysis below⠀
>>“There is no single market secret to discover, no single correct way to trade the markets.”
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you