Today on Gold: XAUUSD
Let's delve deeper into this trading strategy. We're contemplating taking short positions if the market price falls below the 1829.00 mark. Our profit targets for this short position are set at 1814.00 and, further down the line, 1807.00.
However, there's an important condition here. To execute this trade, we must keep a close eye on the resistance level at 1829.00. If the market can't breach this level and remains below it, the likelihood of a price drop below 1814.00 becomes quite significant. In essence, we're closely monitoring these price levels for our trading decisions.
However, there's an important condition here. To execute this trade, we must keep a close eye on the resistance level at 1829.00. If the market can't breach this level and remains below it, the likelihood of a price drop below 1814.00 becomes quite significant. In essence, we're closely monitoring these price levels for our trading decisions.
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