Mihai_Iacob

Gold- reversal underway?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After reaching strong support yesterday at 1680, Gold has reversed and is trading again above 1700. I expect this support to hold and dips under 1700 should be bought.
The target for bulls can be 1740 and, on the other hand, a dive under 1680 would negate this scenario

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