theoris

Gold support zone ?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
How deep Gold can drop?
A. Strong support zone around 1665 - 1763
B. ABCD pattern 1756.98
C. Lower band of the orange channel. < 1769.98
D. if break all we may see < 1676

so I think It safe to short gold and let it drop until we can see a reversal pattern as I told on above.
*** only manage lot size and trailing stop.

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