Lingrid

Lingrid | GOLD short term CORRECTION

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The market is testing the main resistance and upward trendline. The price is rejecting the zone by forming spikes, long tailed bar. In my opinion gold might go down to test support from main resistance IF price makes a fake break; another long tailed bar. On Daily timeframe indicators show a divergence. I expect short term correction after impulse move from the resistance. My goal is the support level at 1940.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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