OptimoomFX

Gold facing strong resistance, I favor short trades

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After clearing 1800 figure, Gold has had a good run and now is trading in strong confluence resistance above 1850
At this point a correction is probable and bears can look for 1820 as a target.
On the other hand, a clear break above this resistance would expose 1900 important resistance
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Comments

Definitely agree with this one good job.
+3 Reply
OptimoomFX jazerbay
@jazerbay, thanks
Reply
great job bro have same idea here
+3 Reply
OptimoomFX MMBTtrader
@MMBTtrader, thanks
Reply
Nice one mate
+1 Reply
Nice work here! Will rise more and more!
+1 Reply
Comment removed.
OptimoomFX braingirl1994
@braingirl1994, my friend, i speculate...
If it goes 30usd down is good for me:)
Reply
Nice analysis. Keep it up :)
+1 Reply
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