Gold – Will Gold Make a New Low?

13 Nov - Gold Daily

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Hi All,

Just a quick update on Gold. After I spotted the wedge pattern on 29th Oct (see article), price went in my favour and I still have a short position as I write.

Planning ahead again, price is about to test its previous low (purple line) and the break of the low will be important for confirmation of more shorts. If not, I’ll likely sit out until I get more confirmation.

Thanks for reading and happy trading!!

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