nikdobii

XAUUSD - GOLD 1hr

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Simple trading:
M - Pattern "Double top"

We look to sell gold for a correction. Gold is respecting the trend, but if the price fails to break above 2265, it could see a possible downside after its massive bullish impulse.

When U.S. bond yields rise:
- Gold prices might decrease as investors find bonds more attractive due to higher returns.
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