ForexTrendline

GOLD possibly breaking above 1830

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Earlier this week we looked at potential rejection on GOLD .

It looks like there's not much bearish pressure and we could easily see price breaking above its resistance at 1830.

Long positions up to around 1850 and it's probably best to look at this as a short-term opportunity.

We will be looking for reversal signals throughout next week.

Entries should be done only after a breakout and confirmation!

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