Gold: Confluence Zone + Psychological Resistance!

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
50 0 1
Gold             is posing short selling opportunity due to an oversold territory, fibbo ext zone and above all a strong psychological barrier of 1300. Risk/Reward is around 4 for the trade. However prudence is required to manage the tp and position.
Trade closed: target reached
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