FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Basics
1. SELL HIGH & BUY LOW (Gold price needs to drop for investors to buy in on Gold) I think we going to see a significant drop before Gold rises to new highs..

2. BROKEN SUPPORT BECOMES RESISTANCE & VISA VERSE - Broken support @1564 became resistance and price showing rejection at the same level


Please share your view on the comments, happy trading and have a profitable week.


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