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nebulae4x

Gold reach the resistance

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
nebulae4x  
FX:XAUUSD   Gold Spot / U.S. Dollar
1
0
Preference: Short positions below 1240 with targets at 1220 & 1200 in extension.
Alternative scenario: Above 1240 look for further upside with 1244 & 1280 as targets.
Comment: Gold has reached monthly resistance at 1240 and 61,8 fib retracement.
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