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#engulfing

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Price Action Pro3h

Gold Bearish Engulfing: Price Action Short Setup at Resistance

Gold printed a textbook bearish engulfing candle on the 4H chart at the $2,400ā€“$2,410 resistance zone today ā€” a classic price action exhaustion signal. The bearish engulfing fully engulfs the prior bullish candle (which attempted a breakout above $2,395) ā€” thā€¦

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