Gold Short Term Sell

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Hello and welcome back traders🙂.

[  ] Gold is currently trading in a ascending wedge pattern.

[  ] A good entry point on a short term short trade would be the 1687.46 resistance line.

[  ] This is because it also coincides with the descending wedge pattern mentioned earlier.

[  ] Please be advised that this is a riskier set up due to the potential chance that gold breaks out of the descending triangle instead of creating a lower low first.

Good luck trader's and may this week be profitable for you all. 🙂

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