Gold Spot / U.S. Dollar
Long
Aktualisiert

GOLD: Technical rebound is coming?

8 885
This is certainly the most important support area on daily chart (1.900/1.885), if it fails a deep bearish leg is expected. That said, if some reversal patterns form on small time frames, this could be an interesting area to try and take a long position.

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Trade with care!
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🔴Long-Term View (Fundamentals):
Inflation & Geopolitical Context should support Gold in Midterm
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🔴 Potential "Hammer Pattern" on daily chart:
GOLD: What the hammer formartions tell us
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🔔 Very interesting last week for gold, after bearish consolidation that pushed the price to support area around 1.900 USD, Price Action triggered an interesting reaction in the closing of the week. From my point of view, the next 1-2 sessions will be important to understand what kind of Pattern could appear next week.
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📊 Some update Intraday Session:
GOLD: Short term rally continuation?
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💡 Pattern and Target still valid on daily chart, but in next sessions we will have to manage our long position.
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💡Pullback in short term?
GOLD: ...next swing? we'll see
Trade geschlossen: Ziel wurde erreicht
✅ TARGET 1 hit!
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🔔 Trend is still Bullish
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The market is betting on possibility that BRICS can peg the new currency to gold, is that true?
Trade geschlossen: Ziel wurde erreicht
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🔔Next update also on Twitter🔔

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