Gold is approaching resistance zone

١٢ أغسطس ٢٠٢١

As I said yesterday, Gold could have a new leg of correction and, indeed, XauUsd has risen and is trading above 1750 at the time of writing.
However, I don't think this is the beginning of a bull trend and more likely a correction.
As I mentioned before, 1760 zone should provide strong resistance and around here I will look to sell