Lukegforex

RE-SELL OPPORTUNITY ON XAU/USD

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As you can see my original position has been very successful so far, delivering me with over + 180 Pips. With and SL of just 30 pips thats offered me with 6RR so far.

Above you will see I have highlighted a Re-sell zone that I believe price has come to tap into before taking its next leg lower. This is to clear the unmitigated last buy to sell zone.

From here we can look to place further sell positions with our SL above the peak created and our TP set at 1703.

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