Oro / DollaroShort
Sell gold @ cmp Double top 1796.05
Gold prices are ripping today after setting up in a bullish reversal formation coming into October trade.
Buyers should remain cautious of chasing here as there’ve been a number of bullish moves in Gold that have reversed of recent.
This it made similar top of 1796.05 where it start falling it made high today and most of time it has trade in range 1745-1755
See the chart and falling wedge pattern it should correct from here
Short trader should keep sl of 1803 and other can keep sl of 1810
This could touch 1770-1755
Buyers should remain cautious of chasing here as there’ve been a number of bullish moves in Gold that have reversed of recent.
This it made similar top of 1796.05 where it start falling it made high today and most of time it has trade in range 1745-1755
See the chart and falling wedge pattern it should correct from here
Short trader should keep sl of 1803 and other can keep sl of 1810
This could touch 1770-1755
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