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Mihai_Iacob

Gold- Time for correction?

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Mihai_Iacob  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Gold goldtrading goldidea goldanalysis XAUUSD xauusdshort xauusdanalysis xauusdupdates xauusdsell
36
17
trendanalysis chartpattern indicator gold goldtrading goldidea goldanalysis xauusd xauusdshort xauusdanalysis xauusdupdates xauusdsell
Yesterday I said that I expect Gold to break above 1868, and it did. However, XauUsd couldn't hold on to gains and reversed badly in NY session.
This can be a signal that a correction could follow from this point on and at least for now 1880 is the ceiling.
I will look to sell rallies against this high and 1830 is my target for this correction
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