UGTraders

GOLD - Lost momentum

Short
UGTraders Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold prices raised in a try to break the latest resistance level, however, time passed without accumulating the necessary momentum to penetrate the resistance.

Going down is closer to happen right now, keep an eye, and never trade without stop-loss


to be updated....
Comment:
If you're cautious trader, wait the break of the support level.
Trade closed: target reached:
Comment:
Currently, Gold is in accumulating/distributing phase, it's preferred to NOT be in the market right now without showing up a clear direction..

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