FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
The recent COT data shows Institutions are shorting gold, Also sentiment shows retailers are very long on it.. the recent swing shows the false break on resistance line. the last time we had a false break on the previous resistance line we nose dived from 1866 to 1760... there's also a head and shoulder.. i cant ignore the signs so shorting from here while managing risk. as usual Trade safe always.
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