DeGRAM

DeGRAM | GOLD structure based trade

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD reached a major resistance level on the D chart following a channel breakout.

The market pulled back from it, creating a bearish move. Price made a double top on the hourly chart.

Most likely, the market will pull back after such a move.

We expect a counter-trend trading opportunity.



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