Mihai_Iacob

Gold could drop from strong resistance zone

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As I expected and explained last week, Gold corrected and finished the week above 1850.
The trend since February is bearish though and with the price facing resistance at this moment we could see a resumption.
In my opinion, rallies in this resistance should be sold and bears could target 1820 support

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