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06.05.202008:50 Forex Analysis & Reviews: Trading idea for Gold

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Good afternoon traders! Here is a trading idea for gold.

Through the "Price Action" and "Stop Hunting" methods, a pin bar formed in the trend, which left the traders a double top in the D1 time frame.

Bullish mood persisted at the US session for the past three days, which put pressure on the trend line:

We suggest increasing the pair to take profits at the levels 1714 and 1722.

Do so until a breakout below 1694.

Good luck!

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