teemz

Update on the Safe-Haven Asset

CAPITALCOM:GOLD   Gold
The market is currently trading in a descending triangle formation both on the 1hr timeframe and 4hrs timeframe indicating a possible trend reversal.
While on the daily timeframe, the market is trading in what seems like a range. My goal is to SHORT the market once it gets to the resistance of 2170 zone and expect a support at 2145 zone and possibly expect a breakout or rebound to the upside.

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