Gold Spot / U.S. Dollar
Short
Updated

Hellena | GOLD (4H): Short to support area 1912

1 197
Dear colleagues, I assume that the price will move to the support area of 1912. This movement is the beginning of corrective wave 2.

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Note
Dear Colleagues, the target remains the same 1912, but price is updating the high of wave 1. I assume that this may happen again, which means that we have a possibly more profitable entry into a short position!
snapshot
Note
In my opinion the price has reached the highs in the 1980 area. Further price growth will entail activation of stop loss and cancel the idea. At the moment I believe that the price will start its downward movement to the target of 1912.

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