Jee_D

Bearish strategy for Gold !

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Seller challenge buyer's territory at 1734.740-1728.95 and now they fighting in this area. Seeing how the bear power , it seems this buyer's territory can breached any moment. So, when that time happens, price of gold can go down any lower to 1658.95.

This is a reversal strategy that against the whole bullish in the market. So, be cautious always.

Happy trading.

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