Mihai_Iacob

Gold- will it correct to 1760 zone?

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After Monday's drop, Gold has recovered some losses and has started to consolidate.
Buyers seem strong in 1720 area and a new leg up could be underway
Although the trend is grossly bearish, Gold can come to confirm 1760 as resistance, and short-term traders can speculate this move.


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