Lingrid

Lingrid | GOLD short term PULLBACK

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
The price perfectly fulfills my last idea. It hit the target. The market is heading toward the key resistance. The price may form a potential double-top or rejection candle as a sign of an upcoming pullback. We already have divergence on the 4H timeframe. I think gold might pull back down by forming a fake breakout of the previous weekly high and retesting the 2000 level. I expect a short-term pullback from the resistance zone. My goal is the support area at 1985.365


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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