GOLD:SELL From 50% FIBO Area Resistance for a SHORT setup
GOLD yesterday over expectations had a strong bullish candle after the news on the USD dollar and today the price reached the 50% FIBO from the last retracement with a bearish candle just on this area where is also present of the dynamic trendline that can works like another resistance area for the price to stop it and turn in the direction of the main trend. The moving average at 200 periods it's far from the price which means this last, the price, can continue to follow the main trend.
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