GOLD 34.13 had a classic pump and dump template last week for short traders..
It began with lower lows on the inside on 5 Aug then pumped up higher till it had a false breakout reversal.
It then dumped down on the 6 Aug and pulled back in the afternoon before dumping down further in a trend continuation on 7 August.
Hindsight pays. Once you can see these trades in hindsight then before long it becomes possible to see them in real time.
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