Gold/Euro has reached a resistance area that has not held 3 times now since last November.
This is basically a Triple Top on the daily time frame.
This is resistance and now we expect a fall again here like it did the last 2 times price reached this point.
This idea is purely based off of the idea of resistance. There is not any signal to sell this pair right now on respectful time frames such as min 15 and so on...
So you need to wait for a sell signal first, then sell.
If you try to sell from the tip top and overleverage the trade, well... that never works as aud/usd, eur/usd, and nzd/usd proved to everyone today.
So be careful with this trade
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