Mihai_Iacob

Gold could drop from resistance

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After last week's low at 1615, Gold recovered and rose 850 pips from the bottom to the top.
At this moment the price is facing resistance and a drop could follow. Sell rallies above 1700 is my strategy and I expect a drop to the 1660 zone.

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