Sniper4Life

Gold Targets 1950. Selling Pressure Will Come Soon

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FOREXCOM:XAUUSD   黃金現貨 / 美元
Market appears to be getting ready for a nice move to the downside for about 500 pips. Monthly has not made much gains over the last several weeks. Weekly structure created a double top and last week ended bearish. Daily is retesting previous support now turned resistance. If this daily candle today ends bearish, then I believe we could see a nice drop in gold.
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