Forex_Times

πŸ”Ή Gold: basic scenario in action.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
πŸ“Š The key resistance for the last working day of the week is the current seller limit level (1764.50).
βš™οΈ In case of a successful test of the mentioned resistance level, we expect further decline with the nearest target, the level of the buyer limit (1749.35).
In case of break and fixation below the level of 1749.35, we expect the decline to close the trading day with the target,- hedge support zone (1745.32).
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