nagihatoum

XAU weakness in gold not unprecedented but unfounded

Short
nagihatoum Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Retested key level and was rejected with hidden bearish divergences. Can fall to 1600. Similar price action happened in March but now there is no excuse.
Comment:
jumped back over the resistance. This is bullish. All the move down was not normal.
Comment:
still holding support
Comment:
still above support, bullish.
Comment:
hit top green resistance

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