XAUUSD SHORT

By chrisohsnap
Gold was all over the place on Friday. I entered around the wick when it spiked upwards for a sell. It was at a range market all last week never broke out of the higher high. Strong levels of support and resistance. Monday there should be spike downwards as there shows indication of buyer exhaustion. My take profit is conservative and slightly above the lower low of the break of this range.
Trend Analysis

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