Forex_Pros

Forex Pros Gold M30 good trade 40 pips

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As Gold just tested the 1572 level (RED ZONE AS I STATE IT) and is not going to give at least 45 pips straight ahead so we can enter Gold at 1570 and set tp at 1566 appropriate sl may be 1573.80. Further on Gold may retest the red zone third time and then give a good drop to 1545 following the trendline on D1 and may end up at 1620 level as Dollar's effect expected to weaken with time


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