DeGRAM

DeGRAM | GOLD pullback trading

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD is trading in the descending channel.

The market is pulling back to resistance levels and the fibo cluster.

Price action is creating a strong bearish move while pullbacks are weak, and this is an indication that bears are in control.

We expect a short term trend continuation trade.



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