Mihai_Iacob

Gold- Sellers should be careful now (Intraday update)

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As you may have noticed, I'm bearish Gold and the price evolution did not disappoint me...
However, at this moment (time of writing), Gold is approaching a very important confluence support zone, slightly above 1780 and, considering the fact that Gold has dropped around 600 pips without a meaningful correction, a rebound is probable
Sort term traders can look to buy around this support


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