Gold bearish trend is ready again
Updated
From my last analysis, we manage to catch the $55 Movement with risk reward 1:3. Now we will apply the same risk-reward ratio. Based on the Fibonacci & Ichimoku cloud we can clearly see the resistance level at $1660. Don't miss another golden opportunity. Share the idea with all your friends!
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The first Target was reached and the price currently sitting on the support, once the price brake the support we can see an even bigger decline.
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