Gold is held currently by a monthly and weekly pivot point. If the price won't be able to break the resistance we may have a great opportunity to seel. The trend is bullish so any short position might be just short term. My plan is to wait for a breakout of the pivots to go long as the trend is bullish. For scalping my strategy is to play it short until the next support while the pivots hold the price.
Trade ist aktiv:
Watch the resistance closely. Break above will be a good place for longs.