astro22

Scenario for Gold possibly

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
At glance we see a down trend based on moving averages. With the yellow being tested and rejected multiple times. Suggesting further downward move can be expected. Zones 1 has bin a str9ng hold for gold. Patience is key for long term trades as a break on upside or downside would suggest further moves. Short term possible selling is availible but will be watching key areas in zone 2 for breaks or rejection.

Please take note this is not trading advice.

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