Gold Critical Zone Provides Bearish Opportunity

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Gold Sell Opportunity Update And Follow Up

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Hi Traders! Gold critical zone provides bearish opportunity for us. A detailed analysis of this bearish setup is as follows:

Gold H4 Chart:

On the H4 chart the price is currently moving higher, we also have a critical zone that has formed based on the cycle and the price has currently reached this critical zone. Hence everything looks good here for the bears and we may now start looking for evidences of bearish pressure in order to join the bears.

Gold Critical Zone Provides Bearish OpportunityInvalidation: If the price moves higher and break above the level at 1317.51, then this setup will be invalidated.

Note: It is always recommended to look for confirmations before you jump into any trade. If you are not sure about how to trade this sell setup then you can use any setup and strategy that you have in your arsenal to look for bearish moves and join this sell trade.

I invite you to join me in my live trading rooms, on daily basis, and improve your trading with us.

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Regards,

Yordan Kuzmanov
Chief Trader at Traders Academy Club

 

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