arif_awan
Short

GOLD IS CLOSE TO IMPORTANT RESISTANCE LEVEL.

FX:XAUUSD   Gold Spot / U.S. Dollar
264 0 7
99% probability to retrace from this level. I am short to 50% level of the range.
Comment: moving averages are not yet pushing it to break higher highs, price must retrace from here to atleast middle of the range to get more boost to break higher highs.
Comment: Crack and snap=reversal
Comment: perfect bounce from broken structure.
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