At this level, buyers are losing momentum, and you can confidently short gold down to the support area. From there, we’ll look for buying opportunities
Trade active
25 pips running
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40 pips running
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100 Pips Running
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Even after the third attempt, gold hasn’t been able to create a new swing high. What does this mean? It means that gold needs more liquidity for another swing high. The market will go down to grab liquidity and then push the price up
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