Mihai_Iacob

Gold- is the correction over?

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
After the strong selloff from last week, a correction was not only necessary but healthy.
Now the price reached 1900 resistance is rolling back
I expect a new leg down for Gold that can drive the price under 1850 recent low.
Rallies should be sold and only a daily close above 1920 would change my bearish bias for the yellow metal

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