Mihai_Iacob

Gold- preparing a new wave down

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After 10 days of consolidating and digesting losses, Gold is looking to preparing a new wave a down.
Rallies close to 1800 are clearly sold and a break of this consolidation can put XauUsd under 1700
First target for short term traders can be 1750

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