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Gold Spot / U.S. Dollar
Sep 2, 2024
Gold concentrates volume in high value zone, Short signal!
3
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[Analysis]
Gold forms Congestion Zone in high value area.
BBMA indicator with upper band turns red.
Stochastic Momentum indicator gives Short signal.
[Setup]
When the price breaks out of the Congestion zone to the bottom, enter a Short order.
Note, this is a signal on the daily time frame.
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