Purvee
Short

Possible Correction on Gold XAUUSD

FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
As far as I see, Golds bullish run is on correction right now. There is strong resistance on 1970 area. I highly doubt it will break or even reach that area real soon. So, big ABC correction is what I see now.
To enter this trade I believe it is best for to wait for correction on lower time frame and enter on lower high.
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