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GOLD Converging at the Vortex of the Triangle

By:
Nenad Kerkez
Published: Aug 5, 2021, 09:08 UTC

Gold is converging at the top of the vortex pinnacle. We could see a move after a breakout.

GOLD Converging at the Vortex of the Triangle

In this article:

1825 is the long breakout point for GOLD. If we see a move up, 1835 and 1854 are targets. If the price breaks below 1800 we should see 1790 and 1772. Today is the BOE decision, tomorrow is the NFP. Be careful about the risk you place. Watch for GOLD breakout during volatility period.

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For a look at all of today’s economic events, check out our economic calendar.

Cheers and safe trading,

Nenad

 

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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