GOLD / XAUUSD looking for SELL positions at BREAKOUT Short

Gold/U.S. DollarFXCM

Description

⋅ Oct 26, 2016 10:20 AM

#GOLD | We can see some bearish reaction from weekly high + historical resistance level. Next, we would like to see monthly pivot zone (orange) breakout and confirmation below, this would give us an confidence looking for SELL positions.

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