Hey Traders, in today's trading session we are monitoring XAUUSD for a selling opportunity around 1978 zone, Gold is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 1978 support and resistance zone. I would also keep an eye on DXY to confirm the bias as a strong dollar should be heavy on Gold.
Trade safe, Joe.
Trade safe, Joe.
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