JoshAuld

Gold short opportunity? Daily analysis

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
After a big daily double top formed and broke the neck line, gold has come back up to re-test strong weekly resistance level after a break of a well tested trend line. There's a very strong level of confluence in the current price area for a sell with multiple trend lines intersecting there at the same point as weekly resistance.
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