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Mihai_Iacob

Gold- Time for correction?

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Guld / USA-dollar (OANDA:XAUUSD)  
Mihai_Iacob  
OANDA:XAUUSD   Guld / USA-dollar
Trend Analysis Chart Patterns Technical Indicators Gold goldtrading goldidea goldanalysis XAUUSD xauusdshort xauusdanalysis xauusdupdates xauusdsell
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trendanalysis chartpattern indicator gold goldtrading goldidea goldanalysis xauusd xauusdshort xauusdanalysis xauusdupdates xauusdsell
Yesterday I said that I expect Gold to break above 1868, and it did. However, XauUsd couldn't hold on to gains and reversed badly in NY session.
This can be a signal that a correction could follow from this point on and at least for now 1880 is the ceiling.
I will look to sell rallies against this high and 1830 is my target for this correction
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