DLavrov

Gold Short Opportunity

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Price reached the downtrend line. RSI is going to confirm price reversal. We have short opportunity and we can place sell-stop pending orders below 1258.00 with stop orders above 1275.00 level. Profit targets should be at 1220.00 and 1200.00 levels. As for long trades, they can be opened from the uptrend line.

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