Mihai_Iacob

Gold- Strong resistance ahead

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Since the beginning of the month, Gold had a good run, gaining more than 700 pips and trading a the time of writing above 1750.
Although the momentum is bullish we are facing strong resistance above 1760 and a correction from this point is probable.
Short term traders can look for opportunities to sell this resistance and 1720 can be the target

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.