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gold-1024x427

  • GOLD (H4): The need of downward rebound   
  • Forecast: Moving lower from 1141,40 resistance zone
  • Alternative Scenario: Trying to breach current level and move higher       
  • Comments: Price should move slowly lower and correct last dynamic appreciation        
  • Payout: PUT @ 1141,40 à 78% return expiring at 20:00GMT   

GOLD_screen 10.05

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Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.