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Mihai_Iacob

Gold- Consolidation before new drop

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Mihai_Iacob  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Gold goldtrading goldidea goldshort XAUUSD xauusdshort xauusdanalysis xauusdupdates xauusdsell
10
2
trendanalysis chartpattern indicator gold goldtrading goldidea goldshort xauusd xauusdshort xauusdanalysis xauusdupdates xauusdsell
After Monday's aggressive drop and a normal but slight recovery, Gold spent most of yesterday's trading hours consolidating in a tight range.
I believe a new leg down will follow and I'm looking to sell rallies.
1900 zone should provide strong resistance for the yellow metal and the target for sellers can be 1850 support
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