OraclePips

Quick Heads-up On XAUUSD

OANDA:XAUUSD   Gold Spot / U.S. Dollar
As you can see, the gold is down. But, the warning is that if you have not sold it before, and you want to sell it now, wait patiently, as that breakout could end up being a false breakout. You just have to wait for the price to close below it, then you can take a sell trade decision to join the trend with the big boys in the market. Wait to avoid the bear trap.

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