YertuntsTrader

XAUUSD ! Gold is trading near at key level, short trading idea

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Opening a trade right now will not bring good results, so it is better to wait for a while.
In the short-term consolidating movement is breaking down, gold is continues down, but price supporting at 1620 and forming a bullish candle.
If this short term rally in gold is rejection at 1648 and a forming bearish candle , I will opening a short trade.
If this level is broken and the growth continues, it is estimated that the rate will rise to around 1690.

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