Michael_Winner

GOLD trades in triangle near support line which price can break

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
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The price is clamped between support and resistance lines.
But price very close to support line which price can break down.
Good trading plan will be, waiting breakout and to open short on retest or after 1h candle will close below support line.
I think gold will continue to decline and my targets 1787 and 1750 USD.

I expect this scenario, so be prepare for next movements.
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