Professor_GS

GOLD - WEEKLY ANALYSIS

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
GOLD - On daily candles it is expected to go down at the moment, based on triangular pattern and price action it's in a SELL ON RISE condition.
My approach will be a short sell here at current price 1888, If it's moving up 1895 around I will sell more
Maintain Stop loss around 1907
Potential downside target 1865 - 1845
Follow the levels as mentioned.
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