Friday, September 17, 2021 7:50 AM EDT
Gold has made a breakout of 1765 lows. We should see a move lower on a 1765 zone retest.
The 1765-70 zone could be good for new short trades. The bearish momentum in the market persists as the price is getting weaker each day. Watch for the retest of the POC zone and break below 1750. The targets are 1720 and 1712. At this point it is sell on rallies.
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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high ...
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Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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