Break or not
Updated
Gold has arrived its major resistance area. let's see if Gold could gain its four year high in the next few days.
Note
Gold was not able to break the resistance area. And as i predicted, it is heading to the trendline.Note
If you have a short position, it's time to take some profit. Because gold has reached another strong support area. Let's see if gold could break it in the next several days.Trade closed: target reached
Gold finally touched the trendline. Approximately $70000 profit per contract.Now, we need to watch the movement on the trendline.
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