Gold potential short position from an important resistance zone

May 10, 2023

XAUUSD Is near an important resistance zone. Currently long positions are so risky and we have to look for short positions. The most caution entry might be when the price breakout black trend line. If this happened, my first TP will be orange line and then red zone. But don't forget that we have so important news next days.

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May 21, 2023

Trade closed: target reached