Gold. We had a solid big bar/candle on daily chart closed below 1680. So possible a “legitimate” major “breakout”. Price probably will have a “magnetic” pullback toward previous orderblocks/supply zone on smaller candle where those hot money “gather” before a following “heavy distributed explosive move” with big candle/bar. This would be “ the base” where the “gunfire” will be ignited with more “explosive power” = ( from 1700 to 1600 a whopping $100 ( 1000 pips) drop!) . probably right after FED “big date” on 20-21/ Sept /22 AND..Last but not least where is our “last defense / stop lost” for “this war”...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.