DLavrov

Gold Short Trade

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
The price reverses from the resistance level. MACD and RSI confirm price reversal. ADX line starts falling and it's a signal that the bulls are not so strong. We have a sell opportunity. Pending orders should be placed below 1284.00 level. Stop orders must be above 1291.00 level. Profit targets are at 1275.00 and 1268.00 level.

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