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This could be a short, bearish trend that might extend to 2531.00. Short the market at 2624.50, take profit at 2595.50 or even as early as 2600.00. If the market breaks below 2590.00, we will sell as far as 2531.00. Market bias is bearish at the break below previous support. Further confirmation is that the price is below both weekly and daily CPR. Therefore am...

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The market is bullish on the H1 chart. The challenge is deciding on entry. One can enter at OTP 2478.17 but stand a higher chance of missing out on entry because the price might not pull back that far. Or enter at the Pivot Price 2490.80, a likely price at which entry will be triggered. However, the question is how you intend to manage risk if you go for early...

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The price has begun by attempting to break below the FTR. After that fakeout, the FTR can not hold anymore. I expect the price to retest the weekly CPR at 2508.5 and then drop again, breaking below the FTR and holding until 2480, when the price will meet support, and a reversal might happen. So, Enter your short positions around 2508.5, putting your stop loss at...

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Price continues to respect the wedge. There has been no break so we should watch out for a break as we trade the two zones created by the wedge.

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That is gold for you. You can still enter a buy position, scalp it for 50 pips, and wait to see whether the price breaks symmetrical. If resistance is broken, enter a long position at symmetrical because the price will retest. Otherwise, watch out for a change in structure at that level. Beyond resistance, you should be eyeing 2544.45; ignore the news the Bachwezi...

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That is gold for you. You can still enter a buy position, scalp it for 50 pips, and wait to see whether the price breaks symmetrical. If resistance is broken, enter a long position at symmetrical because the price will retest. Otherwise, watch out for a change in structure at that level. Beyond resistance, you should be eyeing 2544.45; ignore the news the Bachwezi...

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Price has found resistance at the symmetric. We trade a retest of the order block. However if it buyers break above the symmetric price we then buy on a retest of the break. XAUUSD could be in for a long-term short.

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Gold is eying the price 1905 mark. Expect a short term sell before we see any strong bullish continuation.

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So for Gold you have a confirmed long term buy on 4H, a sell formation off a resistance zone on 1H, and a bullish engulfing candle on 1D with price above the weekly pivot. My Trade Idea: Buy Gold when it breaks above the daily range tomorrow. Short Gold when it brakes below the daily and weekly pivot range.

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Gold broke below 1919.5 resistance. I expect Gold to retest 1919.5 and drop as far as 1897.5 which is an untested support range. Therefore sell at 1919.5, stop loss above 1927.5, and take profit around 1897.5

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XAUUSD is dropping after retesting the break of a nake. I expect Gold to buy later.

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In the previous week, the price moved to 1830 as predicted, touching 1833.80. Right now, we have a confirmed reversal on our system, which can be overturned if the price breaks above 1834. Above 1834 we shall trade a breakout. If a breakout occurs we expect the price to touch 1904 (This will be our target for long positions). For now, we will be shorting the...

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Triangle broken. We wait for buyers to take control enter on retest.

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Gold eyeing 1850.00. Upon a failed break above 1850.00 Gold will drop to retest the H4 bullish order block at 1770.00 If price doesn't break below 1764.54 price price will range between 1850 and 1770. Otherwise price could touch 1729.864 which is the Fib target 2. Further downside will see price touch the symmetric of the fib.

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Break-retest formation looking at the drop to the support.

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Looking at a retest of 0.69421 that was broken on Monday before we see a rally to the resistance 0.71528. Sell and buy on rejection of 0.69421.

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Price is currently eying 2018 high. However it has to break 1.22069. Possible retest of 1.20130 before we see a rally to 1.25592.

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Monthly resistance