LeDeuche

Short XAUUSD, Gold Bumping Up Against Strong Resistance

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Strong shorting bias on XAUUSD right now! Indicators: RSI Overbought, MACD approaching a cross down, simple support and resistance = perfect shorting set up. Currently hitting such strong resistance at about 1350 with strong support calling to the price action below at area 1250, easy peasy! If you want to call it Gartley Pattern, I wouldn't argue with you.
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