mostafabirjandi

WHAT WILL HAPPEN FOR GOLD?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has experienced a good upward trend and has now reached the resistance zone.
Given that after hitting this resistance has experienced a fall, I expect a fall till range bottom.
The second possibility is to be supported on the top of range and break the resistance with strength to experience a good ascent.
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