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zuoertai
Nov 11, 2018 9:37 AM

[GOLD] Short to 1204 if key resistance region holds Short

GOLD (US$/OZ)TVC

Description

1. DXY is likely to pull back during the day a bit but remain strong afterwards.
2. Uncertainties from other currencies such as GBP and EUR are likely to push DXY.
3. However, keep an eye on risk aversion mood due to stock markets. It seems unstable again recently.

Short to 1204 if key resistance region 1212-1214 holds. It resistance is breached, might be a long opportunity to either 1217 or 1222.
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