Price is at major resistance zone (look it up on a D chart).
If you believe that USD is about to rally or just pullback gold 0.11% could be a good play to the downside.
However be careful on smaller time frame price is still in bullish trend so if you are conservative trader wait for reversal on smaller time frame.
Be careful end of the year trading is never good because most of institutional trades are already out of the office at home.
If you believe that USD is about to rally or just pullback gold 0.11% could be a good play to the downside.
However be careful on smaller time frame price is still in bullish trend so if you are conservative trader wait for reversal on smaller time frame.
Be careful end of the year trading is never good because most of institutional trades are already out of the office at home.
