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  #281  
Old 22-06-2018, 06:03 PM
painofhell painofhell is offline
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Recently, Gold has been trading downwards. As I expected, the price tested the level of $1,261.50 and met my first downward target. According to the H1 time - frame, I found no strong reaction from buyers, which is a sign that sellers are still in control. Watch for potetnial bearish flag before you sell. The next downward target is set at the price of $1,250.00 (Fibonacci expansion 100%).

Resistance levels: R1: $1,276.75 R2: $1,***.13 R3: $1,285.70
Support levels: S1: $1,267.75 S2: $1,264.50 S3: $1,258.75

Trading recommendations for today: watch for potential selling opportunities.

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  #282  
Old 28-06-2018, 02:59 AM
painofhell painofhell is offline
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Recently, Gold has been trading downwards. As I expected, the price tested the level of $1,253.00. According to the H1 time - frame, I found that sellers are in control and that there is a broken intraday bearish flag. My advice is to watch for potential selling opportunities. The downward targets are set at the price of $1,249.50, $1,235.85 and at the price of $1,228.75.

Resistance levels: R1: $1,267.35R2: $1,274.85R3: $1,280.35
Support levels: S1: $1,254.35S2: $1,248.87S3: $1,241.35
Trading recommendations for today: watch for potential selling selling opportunities.

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  #283  
Old 28-06-2018, 08:26 PM
painofhell painofhell is offline
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Recently, Gold has been trading downwards. As I expected, the price tested the level of $1,249.00. According to the H1 time - frame, I found that sellers are in control and that there is a broken intraday bearish flag in the background. I also found a breakout of FIbonacci expansion 100%, which is another sign of weakness. My advice is to watch for potential selling opportunities. The downward target is set at the price of $1,235.85.

Resistance levels: R1: $1,259.95 R2: $1,265.50 R3: $1,269.35
Support levels: S1: $1,250.50 S2: $1,246.60 S3: $1,240.95

Trading recommendations for today: watch for potential selling opportunities.

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