pfletcher22

Short XAUUSD into 50% of the last rise.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Looking to short down to the $1359 area following the recent gains. Some consolidation may be needed before a bigger gain and confirmation of a bullish cycle on the higher time frames.

The political environment right now is sufficiently volatile to allow for further gains in Gold so it could be that the price will continue to ascend to the $1453 area next.


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