GOLD NEW TREND?
Gold clearly break nearest resistance and engulf the dominan. This is what I called dominan hybrid 2+1.. but this is a new trend?i dont think so. It is because although we see H1 clearly breakout, but resistance H4 is far. In addition, oscillator formed convergence which is a temporary moving up. If you want to long, I suggest you to watchout 161 minimum and 261 maximum take profit level on the fibo. Happy trading!
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