Mihai_Iacob

Gold can drop to 1740 zone

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Since the bottom at 1680 made 7 days ago, Gold has reversed very strongly, gaining almost 1k pips.
Now the price is staling in the 5th-6th July consolidation zone and at least a correction could follow.
1740 is the zone to focus for this drop

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