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GOLD - Resistance level!

Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
UGTraders  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis XAUUSD signalsprovider forexsignals
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trendanalysis chartpattern waveanalysis xauusd signalsprovider forexsignals
Hello my dear friends,

Currently Gold showing lag of bullish momentum along with being in front of resistance level which suggests a reversal that we could use up.

Sell market @ 1556.037
Stop-loss @ 1561.512

Target 1 : 1547.732 -- R/R ratio: 1.52
Target 2 : 1536.405-- R/R ratio: 3.59

Good luck!
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