Still watching.... but looks like its going to turn at upper resistance. Will know by the end of this week what to do with instrument.
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Watching todays close... then will decide.
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Gold opportunity!
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Trade reversed. Happens. Looking for next opportunity.
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This could be a retest. So either I'm gonna place my long atop the previous high, and ride it up from there. Or go bold and 'trust' in this trade and get in at the bottom, with a smaller stop and hope i am right...
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Not a retest! LOL.
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Put your line on top of the most recent pin tip, and you'll see it is in a Support resistance zone. one that it was recently rejected from. My believe is this is a sell. If you are trading this... 1st TP should be 16.300 then 16.000 then finally, 15.730.