Mihai_Iacob

Gold- Where to sell?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In yesterday's analysis, I said that, after breaking the ascending trend line support, Gold has become pretty bearish and long term traders can target 1680 strong support.
In short term also my outlook is bearish and rallies towards the resistance zone between 1790-1800 should be sold.
First support comes into place at 1750 followed by 1720 recent low
Only a daily close above 1810-1815 resistance would change my bearish opinion

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