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#GOLD Moves over 220 pips, now we await the break

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After receiving the Sell signal yesterday, the price exhibited a significant movement of over 200 pips. Currently, it has come to a halt, finding support within a demand zone. This moment of pause presents an opportunity for traders to assess the situation and await confirmation before making further decisions. The next potential target, as indicated by Chris, is at 2458.


This level holds significance in the context of the price action and could serve as a crucial point of interest for market participants. Traders are advised to closely monitor the price action, observe any confirming signals, and strategize their next moves accordingly to capitalize on the potential opportunities that may arise.

 
 
 

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GOLD TRADING

Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. All information is for educational purposes.

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