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XAUUSD Gold Intraday Trade Idea Long Opportunity

XAUUSD Gold Intraday Trade Idea Long Opportunity

Published: 06-29-2018

Markets started the day with a decline in the DXY. We see a recovery in all major currencies against USD.

XAUUSD made 9 USD recovery and testing the EMA 50 resistance on the Hourly Chart.

Break out and close above  1254 might carry the prices 1257 and 1263.

We will enter Long trade above 1254  targeting 1263. Our stop loss is 1250.

Gold will complete Anti Nen Star harmonic pattern at D 1.263 and we plan to use this level as a short term selling opportunity as well.

We will send entry notifications to our premium members.

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

 

 

XAUSD Gold:  Forex Trading involves risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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