FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Gold has been stuck on a diagonal support level on the Higher timeframe. People state that Gold has been consolidating or has been ranging however if you look closer you will notice that it has been forming lower lows and lower highs on the lower timeframe. Currently looking for price to retrace at the SUPPLY ZONE however an OVERSOLD Stochastic will give a confirmation for a sell.

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