DENCHMON

Decision time (SILVER + GOLD)

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Depending on close of daily candle we could see gold turn south.

We are currently at my resistance zone, if gold breaks out then my bias is bullish, where as if we close here I’m staying bearish and looking for gold to drop.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.