VIP_Trading_Technologies

1834 or 1720? Share your thoughts

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Good morning everyone.

This pair is making fundamental moves that are driving me crazy at the moment. The current range for the past 3 months is 1830 to 1720 more or less and being said that we could expect new retest of the resistance at 1834 level.

On the other hand we have a resistance trendline at 1800 that will determine the future of gold.

I'm trying shorts expecting the resistance to hold after yesterday's rally on FED comments.

Cheers.
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