Hello Friends,
Another Gold analysis , So market is currently at 2065, our immediate supply level is 2068 which market has already reacted to. Should price go up then area around 78-81 would be good for a sell and also area around 84-88.
In case dollar strengthen we should expect a drop to around 55 and 45
So as always make sure you have these levels around for a trade but add your own logic and intuition into it.
Be honorable.
Another Gold analysis , So market is currently at 2065, our immediate supply level is 2068 which market has already reacted to. Should price go up then area around 78-81 would be good for a sell and also area around 84-88.
In case dollar strengthen we should expect a drop to around 55 and 45
So as always make sure you have these levels around for a trade but add your own logic and intuition into it.
Be honorable.
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So We're moving down
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58 is supporting the price for now
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price is going down for demand
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Couldn't get through 58 level
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60 pips from level 60 enjoy
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buyers are not giving up
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movement has stopped at 65
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let's see if we break through 68 level
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another drop from 68-61 70 pips profit
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market is reacting to 77 level
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50 pips profit from level 77
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110 pips from level 77
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Market keeps going down fantastic
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From 77 - 63 140 pips
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Perfect reaction to 55
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100 pips from 55 level
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let's see if it reaches 77 again
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let's see if next demand level get's tested
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another reaction to level 55
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Gold is going for level 51
