DrAnandM

Retracement Before Next rally?

FX:XAUUSD   Ouro/Dólar Americano
XAUUSD

2350 2360 as expected has turned out to be a Stronger selling zone.

And it has been respected beautifully as of now.

Retracement May continue till 2270 Zone

Only Below 2270, Bearishness could intensify.

Although this correction is to be treated as retracement only.

Gold may bounce back even before 2270 depending on price action.

Sell on rise only below 2270

Until then, Buy the dips.
Aviso legal

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