CJ_GOLDPIPS

GOLD SHORT TERM LONG IDEA

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
In yesterday live session i did mention we might range here and we are seeing just that and will be playing in this 100+ pip range.
HRHR Buys at 1764-1765
MRMR Buys above 1781
Safest buys above 1785

Only looking for shorts below 1764 with confirmation. Do note that the support extends to 1760 making this support a big range.

Im more favourable of a long bias on gold but will adapt if there are any fundamental changes in the dollar.

Do note that we have no fundamental news till Friday and next week is FOMC which can give us some manipulative price action. Trade safe and preserve your capital.

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