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Gold, Intel

Gold, Intel

wegel wegel. 🎶

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adezeno.so
Jul 26, 2022
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Gold, Intel
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Happy Tuesday friends. I have two asset classes to cover.

1: Intel (free)

2: Gold (paid subscriber)

without talking too much nonsense, let’s dig in.

Intel fell from grace.

The chart below shows intel corporation INTL 0.00%↑ breaking out from the rectangle the weekly triangle.

Intel weekly chart

A short attempt during price Breakout.

Intel daily chart 1

What now?

Intel Daily chart.

looking at the last two sessions, it seems like INTL 0.00%↑ lose momentum at candle 1 (C1) which is a hanging man. It also confirms price completed the inverted head and shoulder target.

I will see the price to move lower further heading towards my target at $18 (looking at the current US economy situation)

Intel daily chart 2

now let’s see GDL 0.00%↑ playbook.

Gold is an opportunity.

I see gold GDL 0.00%↑ as an opportunity based on the rectangle form on the weekly chart. in-fact I place my order as shown in the gold chart below.

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