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Mihai_Iacob

Gold- Where to sell?

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Mihai_Iacob  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Gold goldtrading goldidea goldusd goldanalysis XAUUSD xauusdshort xauusdanalysis xauusdupdates
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14
trendanalysis chartpattern indicator gold goldtrading goldidea goldusd goldanalysis xauusd xauusdshort xauusdanalysis xauusdupdates
Since Thursday 1720 low, Gold is on the rise, gaining 500 pips from bottom to the top.
Now XauUsd looks tired with limited gains and incapacity to hold on to them.
The break above 1760 is not convincing and bulls don't have power at this moment.
I believe at least a correction will follow and the best place to sell is, in my opinion, 1780 zone confluence resistance.
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