Gelium

Gold: Consolidation.

Short
Gelium Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Consolidation is broken down. The first target level is 1788. Further, the downtrend may continue to the area of the level of 1650.
Comment:
Trade closed: target reached:
Due to the upcoming US elections, I consider it necessary to close the short position in gold. Downward consolidation can be worked out. But I think it's better to be out of the market for now.

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