OANDA

Gold bias remains negative.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold - Intraday - We look to Sell at 1881 (stop at 1896)

Posted Mixed Daily results for the last 6 days.
Intraday, and we are between bespoke support and resistance 1843-1882.
A sequence of intraday lower lows and highs has been posted.
We have a 78.6% Fibonacci pullback level of 1881 from 1890 to 1850.
Preferred trade is to sell into rallies.

Our profit targets will be 1843 and 1835

Resistance: 1881 / 1882 / 1890
Support: 1850 / 1843 / 1835

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