VasilyTrader

GOLD (XAUUSD) Close To Sell Zone

Short
FX:XAUUSD   Gold Spot / U.S. Dollar

I was asked a lot to give you an update for gold .

since my last post we see just minor changes:
currently, the price is coiling within an expanding wedge pattern.
I believe that we will see a new higher high with the wedge soon.

But remember that 1482 - 1486 is a strong zone of supply
and we will anticipate a bearish reaction from it.

my trade execution with entry/stop/targets is here:

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