The Gold/Chinese Yuan pair (XAU/CNY) started to flash bearish signals in November 2011 when it generated a lower high of 11,450. Bulls tried to keep the uptrend alive by staying above the 10,000 support but the market broke it in February 2013. This triggered the head and shoulders reversal pattern on the weekly chart. The […]
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source https://cryptocurrencyonline.co/trade-recommendation-gold-cny/
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