DeGRAM

DeGRAM | GOLD potential drop following breakout

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD dropped from the resistance level.

The market made a sharp move, then consolidation zone and now we can see that it's consolidating.

The breakout of the consolidation will create another drop. Above we have resistance and 50% fibo levels.

We anticipate a break through the consolidation zone.


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