📉GOLD 21/07/2022: under $1700❗️
📉Priority direction: Downward.
📝Description: Sellers broke support at $1700, thus confirming their dominance in the market. Sales priority is maintained. At the moment, we should expect a small pullback upwards, but it is unlikely that the price will be able to rise much above $1700 (be careful with longs). The $1690-$1700 price area is an interesting area to look for shorts. The fall is now limited to $1670.
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📝Description: Sellers broke support at $1700, thus confirming their dominance in the market. Sales priority is maintained. At the moment, we should expect a small pullback upwards, but it is unlikely that the price will be able to rise much above $1700 (be careful with longs). The $1690-$1700 price area is an interesting area to look for shorts. The fall is now limited to $1670.
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Thank you for your support, subscribe and share your ideas here👇
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