GOLD (XAUUSD) Bearish Movement From Key Level
GOLD has reached a key level yesterday.
on 4h we see a clear divergence and dodji + rejection formation,
signifying the current unwillingness of buyers to breakthrough.
on 1h the price has broken below a rising wedge formation and I shorted the market after a minor pullback.
based on that I believe that today the price may retrace to 1710 level - current minor support!
good luck!
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
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💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.