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AS YOU CAN SEE GUYS ON THE CHART
THERE IS A HUGE RESISTANCE SITED ON
THE TOP OF THIS DOWTREND CHANNEL
WICH IT MAKES HARD FROM THE PRICE
TO BROKE IT...ANY CROSS OF THIS LEVEL
WILL TAKE THE PRICE MUSH HIGHER...IF NOT
THEN WE WILL SEE A CONTINUATION OF THIS
DOWNTREND.....
GOOD LUCK!!!
price bounced from a resistance
by big bearish ungulfing candell wich means
there is a uncoming big drop
FIBONACCI HAS BEEN USED FOR DETERMENATE THE TARGET POINT
GOOD LUCK
XAUUSD
HERE IS MY ANALYS FOR XAUUSD(GOLD)
THE BLUE LINES ARE THE MOST SUPPORT LEVEL (BASED ON A GAN WAY TO FIND THOSE SUPPORTS)
THE RED LINES ARE TIME WHERE PRICE SHOULD GET A SMALL REVERSAL OR A PRICE CORRECTION FOR THE TREND
1408-1410 IS A LEVEL WHERE PRICE SHOULD GET A REVERSAL OF LEAST 500 PIPS
07/12/2019