GoldenCrossGlobal

Gold heading into Selling Zone below 1800

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As predicted in my previous posts as well, Gold is ultimately heading towards intense selling zone below 1800. If it closes tonight below 1800, this will be a severe bearish signal with possibly reaching to its first support level of 1790 and then reaching to 1770, with few spikes over 1800. If you are short on Gold like me :) chill out and hold your positions till mid next week.

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