Gold Spot / U.S. Dollar
Short

GOLD ANALYSIS| BEARISH BIAS

247
snapshot

GOLD IS RETESTING A MIRROR LEVEL CONFLUENCE. DOLLAR IS SET TO GO HIGHER. THUS BEARISH GOLD BIAS


(1) There is no firm setup on lower timeframes for shorts yet
(2) However short is a target trade
(3) Monitor price action closely
(4) IF dollar sinks suddenly, no gold shorts.
(5) Diagonal resistance is somewhat violated, but the horizontal is more important.

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