Gold sell update: 110 pips profit, final target 1940
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Dear traders, as per the trading plan published 7 hours ago, we have already sold XAUUSD@1970. As you can see from the chart, there is the formation of multiple bearish candlestick patterns at the dynamic resistance on the 4H chart.
I am already holding sell from 1970 with target at 1940 level. Fresh sells can be executed if Gold reaches the resistance level near 1966 again. Make sure to place a stop loss above the dynamic resistance.