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Gold Up To 2678 Upon False Break Down
Gold Spot / U.S. Dollar
Long
Gold Up To 2678 Upon False Break Down
By Who-Is-Caerus
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Updated
7 days ago
4
Dec 6
Gold has been choppy all week, with multiple false breaks of channels.
Should Gold push back into the larger ascending channel, we should see 2678 hit.
Entering now with a stop below 2619 is ideal. 2610 to be safe.
Dec 6
Trade active
Trade Active. 2624
Stop 2610 (2619 is a big support)
Target 2678
Below 2619 will lead to a decline, heading towards 2510
Dec 9
Note
Gold finally making some headway to our target.
A new week calls for new dynamic levels. Our take profit has dropped to 2674, 2670 to be safe.
Stop moved to break even 340 pips thus far
7 days ago
Trade closed: target reached
Closed at 2671, just shy of the new Dynamic Target 2674. 470 PIPs
Chart Patterns
Technical Indicators
Wave Analysis
Who-Is-Caerus
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