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Hello, guys, and welcome to the next live trade analysis of gold.
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I want you to carefully studied this live trade video because this is not based on any reversal or continuation
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pattern.
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Instead, it is based on what you've studied in Section 6 of the course.
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That when a market is making lower-highs into the support zone, it indicates that sellers are in control.
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So look for opportunities to sell.
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And as you can see here, I placed my sell entry just below the key support level and my Stop-Loss was
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above the previous swing high.
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Guys, this trade is also live and still running as we speak, and I'm providing an update on 9th of
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March. Sell trade on gold is running at approximately 60 pips in profit.
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As you see here.
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My sell trade trade was triggered by this, another strong bearish candle which also broke the support zone.
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And since then, price has declined and now it is approaching the next key support level.
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We'll provide an update on my take profit or when do I exit this trade once that happens in the near future.
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This also concludes the live trade analysis on Gold Spot, and I will see you in the next video.
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