TomNewYork

Gold for Dummies

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FX:XAUUSD   Ouro/Dólar Americano
The gold price has triangulated for a long time. There are key trendlines that we must now focus on to get the next direction.

We must investigate the possibility that the gold price wants to attempt a bullish move above the pink downtrendline.

All hands on deck !

Keep in mind that if and when the metals move it is typical of them to make large concentrated moves in a short period of time which can make the timing extra tricky.

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