GOLD BEARS ARE GAINING STRENGTH|SHORT
Updated
Hello,Friends!
We are going short on the GOLD with the target of 2003.233 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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Note
We are seeing a good move already so we will keep the trade running!
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