OANDA:XAUUSD   Gold Spot / U.S. Dollar
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Our Gold levels and trading plans have worked perfectly thus far. We have seen the price reject from the lower level and now we are experiencing some retracement from the aggressive selling we saw on Sunday open.

The 0.50% level Fib sits around 1755 where we would look for a reaction on the price (IF WE GET THERE). Above that we would be looking for 1770. This all depends on the daily close above the 1753 level today.

It is recommended to trade Gold cautiously.

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