BombayBulls

Gold Trade - playing within boundaries

FX:XAUUSD   Gold Spot / U.S. Dollar
Barring any surprise, Gold price is expected to be contained within 1200 from the top side resistance and 1183 support. Gold is trading heavy and of course the bias is towards downside. But wisdom of current trading is to be open to trade it from both sides and jobbing around good support / resistance without being too greedy.

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