MelissaDixxn

FIRST S&R ATTEMPT ON GOLD.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Learning how to apply S&R on this gold chart.
After reviewing, I have come to the conclusion that this is forming a bearish momentum.

It can either; retest at the level and bounce up temporarily or remain in the downward trend until 1400 zone.

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