GOLDEn-Serpenti

Short gold Around 67-70

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
XAUUSD - Bearish - look to Sell at 1967

◾ Daily signals are mildly bearish
◾ There is scope for mild buying at the open but gains should be limited
◾ Resistance is located at 1970 and should cap gains to this area
◾ Preferred trade is to sell into rallies


Stop: 1994
Target 1: 1902
Target 2: 1875

Chart
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