talhashaheen

DeGRAM | GOLD no momentum to break the resistance

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold is moving sideways in the ascending channel .

The market is approaching resistance, but the price doesn't show us enough momentum to break the level .

Price action will most likely go down to retest the support level .

We expect a short term pullback from the resistance.

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