FOREXN1

GOLD:SHORT From 1660.000 Level for a Pullback SHORT Setup

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OANDA:XAUUSD   Ouro/Dólar Americano
Gold prices hit a 10-day low on Tuesday, with broader metal markets losing more ground as the dollar rebounded ahead of a widely expected Federal Reserve interest rate hike.
Our main Idea about the GOLD remains SHORT in the long term, with the price today opening the market with a bullish candle to recover some value with our entry placed at the point 1660.000 to see a pullback in the direction of the main trend. The Alternative scenario will come in only if the price goes over the dynamic trendline and reach point 1690.000
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