Gold Spot / U.S. DollarUpdated

Key point, down or Up ABCD?

Gold has reached the critical point, down or up? The Down ABCD and Up ABCD both are possible. The triangle is forming. Breakup might mean down, breakdown might mean up. Let's watch the price action around the yellow circle.

Note

Short at 1216~1218 area, TP 1200.

Note

Short the pullback, 1214~1215

Trade closed: target reached

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