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GOLD (XAUUSD) More Sell Off? Important Levels To Watch Out For

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Traders, Gold took a nose dive and if you look closely you will clearly see funds and banks selling gold when large red candles have formed in last 3 months or so. They are trying to reach a particular level and they are doing it in steps.
But as great traders do, we come up with plan for both bullish and bearish entries. These are the levels that we are watching in both cases. At these levels we will be taking trades based on one of our valid entry confirmation techniques.

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Have a great trading week!

Take care and trade well
-Vik

P.S. (This is for education only. Not a financial advice or signal.)

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