Mihai_Iacob

Gold- Strong resistance ahead

OANDA:XAUUSD   Or / Dollar Américain
Since the beginning of the month, Gold had a good run, gaining more than 700 pips and trading a the time of writing above 1750.
Although the momentum is bullish we are facing strong resistance above 1760 and a correction from this point is probable.
Short term traders can look for opportunities to sell this resistance and 1720 can be the target

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