ForexGoldIntraday

Sentiment changed. Gold will be bullish first then fall back

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OANDA:XAUUSD   Oro al contado/Dólar estadounidense
Yesterday was a rough day. Gold managed to spike beyond the daily Channel(resistance) In my opinion manipulation occurd to wipe Sellers. Gold eventually fell back around 250pips. GOld is currently floating above support level. I think gold will climb first test the last high again around 1945 And fall from here. But there is still a untouched area around 1953 were the posibility is for gold to take orders first.

For now it is good to go long first around 1920-1925. And short 1945 or 1953. Best thing is to wait for price reversal patterns. This way we don't get wipped.
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