XAU/USD - GOLD - SELL LIMIT - 27/10/2017
Gold finally broke down the support and after that continued falling. Also we need to highlight the new resistance level 1273.80 - 1276.20, where large volume is concentrated.Given all these factors we should give preference to short positions. We can enter the market after a smooth correction up to the resistance in order to get a better price for entering. A stop loss should be placed above the resistance level. A potential of the fall is 120-130 pips.
The bottom line: short positions after a smooth upward correction.
The bottom line: short positions after a smooth upward correction.
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