MarcellusLUX

Gold bulls still struggling to break the 100 day EMA

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold bulls have been unable to break the 100 day EMA . In fact, we have two bearish daily
candles in this area.

It's possible that a correction may happen in Gold soon.

If price action continues to show weakness, a sell between 1785-1794 with SL above 1800
and TP at 1755 is a possible sell signal.
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