PetrockFxTrading

XAUUSD - SHORT SELL TO 1677, THEN LONG TO 1800

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
We can see price moving in between the upper and lower trendline which is the support and resistance respectively.

The yellow lines are previous support and resistance level.

Therefore I expect price to bounce up to 1800 when after a short sell to 1677.

What do you think?

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