strong resistance is seen at the level of 135.1, waiting for a retest enter short position with the stop around 136 just above the broken trendline and target around 132. Just my opinion if you are taking the trade do take it with a pinch of salt, and always manage your risk good luck and happy trading
Gold has been trading in an ascending parallel channel for a month now and has seen a strong resistance at around $1800 which is a major level even in 2011 when gold gave its all time high, if the resistance is not respected then gold can be seen around the levels of $1900 as its all time high. on the other hand if gold breaks the channel in bearish stance it will...