Samson-FX

Gold continues to decline?

Samson-FX Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In the short term and based on the 4-hour XAU/USD chart, we can observe that the bullish side is once again testing the level of 1954 USD. However, a retreat at the level of 1953 USD would push the gold price to seek the resistance level of 1960 USD once again before further decline is expected at the level of 1945 USD.
Trade closed: target reached
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