fxwithkay

Today on Gold: XAUUSD

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Set a sell limit at 2045.65 with targets at 2040.67 in extension. If 2035.111 continues to act as resistance, expect choppy price action with a bearish bias.

The critical sell level remains at 2045.65 for today. After the CPI impact news , I anticipate the price to sustain its bearish momentum and continue moving downward.

Keep a keen eye on the New York session.
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