Forex_Times

πŸ’‘ Gold: will the decline continue?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
πŸ“Œ The key resistance for today is the limit seller (1785.95).
In case of formation of sell pattern near the mentioned resistance level, the main scenario is stoppage of growth within the day and subsequent downside impulse with the nearest target,- premium level of hedge support zone (1764.44).
πŸ“ Mid-term downside target is the limit buyer (1753.32).
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