khalphahssn

Is it the right time to sell GOLD?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
well, on my side im speculating gold to sell after approaching the areas marked in blue either of those, Having the feds decision on feds rate it, if they give it a hike then i will definately look to sell this pair and even hold the position for a while as we will have dollar even stronger than it was and ii think this wil make the DXY buy. just an opinion please comment if any one has an opinion on how you see GOLD.

NB: the areas that i just marked are where i believe there will be a even better discount price. I marked these area a few days earlier knowing price wont jus sell right away.
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