XAUSD [Gold] Short IdeaThe price failed to breach the 2665 supply level and reversed from the high, closing at 2638.
The OANDA:XAUUSD remains in a downtrend, indicating a range-bound trading pattern.
The price is expected to swing down to the 2615 to 2606 range before reversing back to 2665.
Consider going long near the demand zone highlighted in the chart.