Mihai_Iacob

Gold- bullish on short term, bearish on medium term

Long
OANDA:XAUUSD   Oro / Dollaro
Gold is consolidating in a tight range, just under 1900 psychological resistance...
Although I'm bearish Gold on the medium-term I can't ignore the fact that on the short term the price is bullish, also, my "gut" feeling tells me that we will have a stop hunting above 1900 either is just a spike or a false break...
In medium-term, I will maintain my bearish bias intact as long as the price stays under 1920.
Scalpers can buy dips for a break above 1900 and the target could be 1920 zone

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