GOLD SENDS CLEAR BEARISH SIGNALS|SHORT

istantanea
Hello, Friends!

We are going short on the GOLD with the target of 2,437.503 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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Commento
We are seeing a good move already so we will keep the trade running!
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