Forex_Pros

Gold short term longing opportunity coming up

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold on daily time frame has broken above the resistance of 1758 and now is approaching the target of 1771. We can expect a retracement to the downside resistance which is now the support and buy to 1771 gaining profits of 130 pips.
Opening market scalping trade
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