Oro / DollaroShort
GOLD nears 1200 levels and what to anticipate
We outlined in the previous post stating that there is scope of corrective moves in gold that not happened as expected. In today's move, the price action for us looks like it is overshooting, and our analyses suggest that gold is likely to correct. Gold hits its key resistance levels at 1195 area (near 1200 handle).
Trade ideas:
Entry at market price
S/L: 1200
T/P: 1170
Risk:Reward: 1:2
Trade ideas:
Entry at market price
S/L: 1200
T/P: 1170
Risk:Reward: 1:2
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