XAU/USD Gold Possible Short Entry If This Resistance Zone Holds.
XAU/USD Gold Possible Short Entry If This Resistance Zone Holds. Its waiting for US Data release today. We can not be sure about data However technicals are very much favorable for a short entry here. The Levels are highlighted on charts for reference. Its a key Resistance zone Gold is facing from yesterday and still not able to push it through. It might just push through though triggering our short stops after break of 1854. Above 1854 We will change our bias bullish and take a long entry just above 1854 when price clearly breaks this level and on retest we shall enter long. At this moment we are short with stops @ 1854.3 targeting 1820
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