Short Gold at 1290 - 1300 levels (Short-term)

Look for bearish price action at resistance zone (1290 - 1300).

Look at the following link for the bigger picture view on Gold.

Thank you.

TATrader

Kommentera:

Nice run up on gold we have. Now price is approaching key resistance level ahead of FOMC. I've locked some profits on my positions and wait for the FOMC and will be looking to go short after FOMC meeting.

Kommentera:

www.tradingview.com/chart/a7QYNkKu/

Bulls still seem to be strong and wait first. It may probably reach to the dynamic resistance and may bounce from 1320 level. Tomorrow is NFP day.

Trade with care!