Possible price action based on modified Schiff pitchfork and elliot waves analysis. Watching for the wick when retracing to 1290.
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Watch for the price action around 1292. If long wick for rejection, it certainly will move up. If no, gold might fall, the pitchfork channel and wave will be invalidated.
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Price action around 1290
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1292 target reached, but as the testing of 1305 being tested again, it might be tested again.
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Price breached the bull channel, trade close.
Сделка закрыта: достигнута тейк-профит цена