Lingrid

Lingrid | GOLD ranging MARKET

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The price action formed the range zone and it keeps moving in the zone. The price is decelerating and ot shows a divergence. Price action bounced off the support level 2 times. Price is rejecting the support level and I expect go towards the next resistance zone if upcoming news doesn't change the trend to bearish. My target is the resistance zone at 1971.400


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