Mihai_Iacob

Gold- the quiet before the storm

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
For more than a week now, Gold is trading very quietly in a range of around 200 pips (1% in terms of price change) with a base under 1900 and a top towards 1920.
I'm still bearish XauUsd and a believe the break will be to the downside.
My target for short is 1850, but I wouldn't be surprised if Gold will dive further
A sell around 1910 could have a fabulous R:R of 1:5 or more

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