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Mihai_Iacob

Gold could correct lower

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Mihai_Iacob  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Gold goldtrading goldidea goldshort XAUUSD xauusdanalysis xauusdshort xauusdupdates xauusdsell
10
3
trendanalysis chartpattern indicator gold goldtrading goldidea goldshort xauusd xauusdanalysis xauusdshort xauusdupdates xauusdsell
Gold started the year strong and in just 2 days reached 1950 gaining more than 500 pips.
Following price action, we can see that prices in 1950 zone are sold and, after 5 consecutive green days, a correction wouldn't surprise me.
Scalpers can try to sell rallies in this zone and 1925 support could be the target
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