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XAUUSD approaching resistance, potential drop!

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Tickmill Broker  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns XAUUSD XAU USD xauusdlong xauusdshort Forex forextraidng forexsignals
10
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trendanalysis harmonicpatterns chartpattern xauusd xau usd xauusdlong xauusdshort forex forextraidng forexsignals
XAUUSD is approaching our first resistance at 1214.20 (horizontal swing high resistance, 61.8% Fibonacci extension) and a strong drop might occur pushing price down to our major support at 1203.35 (horizontal overlap pullback support, 38.2% Fibonacci retracement).
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