Mihai_Iacob

Gold could correct lower

Short
OANDA:XAUUSD   Or / Dollar Américain
Gold started the year strong and in just 2 days reached 1950 gaining more than 500 pips.
Following price action, we can see that prices in 1950 zone are sold and, after 5 consecutive green days, a correction wouldn't surprise me.
Scalpers can try to sell rallies in this zone and 1925 support could be the target

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