Mihai_Iacob

Gold could correct higher

Long
Mihai_Iacob Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As I said yesterday, Gold is trading in a very important support zone and a correction could follow.
Although the yesterday's close was red, we can see that sellers are losing power at this moment.
In my opinion at this moment dips should be bought and we can expect a rise to 1770 keeping in mind 1755 interim resistance
Comment:
Key point for Gold


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