Gold Spot Trade Idea
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Price retraced of the Higher Boundary of a Descending Channel and crossed the Mid Line to downward. Currently the Mid Line serves as a resistance and if we have a confirmed rejection we can initiate a short position
Also if price cross the Mid Line to upward we can initiate a short position of the Higher Boundary of a Descending Channel , i case we have a confirmed rejection
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Please support this idea with LIKE if you find it useful.
Price retraced of the Higher Boundary of a Descending Channel and crossed the Mid Line to downward. Currently the Mid Line serves as a resistance and if we have a confirmed rejection we can initiate a short position
Also if price cross the Mid Line to upward we can initiate a short position of the Higher Boundary of a Descending Channel , i case we have a confirmed rejection
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
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