Gold at a juncture

FX:XAUUSD   Gold Spot / U.S. Dollar
The area between high of today, 24/07/2017, and top of the area highlighted should act as an overhead to send Gold below 1200. Over coming this hurdle, would send Gold to test 1295, and +1325 (1366, 1389, 1420), eventually. I have chosen, SHORT, because that is what I expect to happen. See the price action first, and trade what you see.


HamedAghajani jangseohee
Hi @jangseohee, I dont particularly trade Gold based on JPY, as that is heavily weighted with stock Market risk aversion too. What is your interpretation of your chart and the one I shared?
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