Investroy

GOLD, bulls or bears?

OANDA:XAUUSD   Oro / Dollaro
The price is currently sitting on a major structure and planning its next move. We are staying out of it for the moment, as we do not have enough confirmations to open a position for GOLD. If we manage to bounce from the identified area and re-test it, we will be going long. On the other hand, if the price breaks that zone and re-tests it, we will be opening short positions and aiming for the target areas shown on the graph

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