Gold Spot / U.S. Dollar
Short
Updated

Waiting for Gold Short Entry

Once price reaches middle of resistance zone, the momentum oscillators should have overbought confluence lining up for a short.

Moving stop to break even once price reaches 1954 and taking 50% profit.
Note
Price came within about $5 of the entry before dropping over 5%.

Price did bounce nicely off 1865 support zone.

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