Comparic
Short

Gold H1 - possibility of decreases

TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD on H1 chart is in a lasting over a month descending trend. Lately GOLD moves between support 1218.00 and resistance in area of 1228.00. Price oscillates near resistance preparing to second rebound from this area. It seems that, according to the sentiment, in near future we can await declines. In this context, consider short position.
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