Mihai_Iacob

Gold- Small correction before the break?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After breaking above two important resistance on Friday, 1785 and 1810, Gold looks a little bit tired and in need of a correction.
I expect losses to be limited though, and 1815-1810 should provide strong support
Traders can look for opportunities to enter long in that zone and, in medium-term, there is a high probability of 1830 break

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