GOLD SETUP

已更新
Gold remains bullish due to strong fundamentals, which continue to support the market. However, buyers have struggled to push prices higher, leading to a battle between buyers and sellers. Recently, buyers have shown signs of exhaustion at the current price level, with candlestick patterns indicating that sellers are gaining strength.

TP and SL are marked
Risk no more than 1%
Risk management is a must

Follow for more swing setups
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50+ pips in profit
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85+ pips in profit
注释
110 pips in profit
Move SL to breakeven
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170 pips in profit
Move SL to 2520
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200 pips done
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230+ in profit

Break below 2500 would give us 2475
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300+ pips in profit.
Move SL to 2510
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Sell Again 2523
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130+ pips in profit again
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190+ pips in profit

Hopefully, Gold breaks the support this time
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Another Sell Position Entered 2527.50
TP 2380
Same SL
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45+ pips in profit
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60+ pips in profit
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120+ pips done
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220+ pips in profit
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300 pips Done
SL to 2515
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420+ pips in holding
2471 to 2474 is first support from here
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500+ pips in profit

Break below 2470 will give us 2435
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Another attempt to break the 2470 support level is coming

The dollar is strengthening so most likely 2470 support level will break. I feel 2435 may not hold the pressure therefore support will fall on the 2380 shoulder
Chart PatternsTrend Analysis

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