KaltoireCapital

Gold pulls back from resistance Level.

FX:XAUUSD   Gold Spot / U.S. Dollar
Previously, I said that more uptrend is possible if the short-term trend line resistance breaks. And as expected, the resistance broke and Gold reached 1760.
Now, you can see that 1760 is a resistance level and so far, Gold Bulls have not been able to break it.
So, a short-term sell trade is possible in Gold as long as 1760 doesn't break
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