umeh_barry

Gold heading back towards major resistance

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
The daily chart shows gold heading towards major resistance at 1365.04. A similar pattern was seen in october 2016. If the pattern is to mirror that of 2016 expect the price to drop back to previous support at 1333.11. If the price exceeds this then expect gold to head to a higher resistance at 1376.
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