SonicDeejay

Gold XAU/USD (28/10/17) *Bears are winning

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I am Bearish.
The Weekly candle is pretty much in the bear side but it is likely to go lower again. We have FOMC in the next week. It may be a trigger to break 1,264 level. It may swing to 1282 or 1290 level but they may turn out to be very nice short locations.

1,266 region is supportive and 1280 is resistant.



Trade Safe,

S0nic

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