anand1988

Gold Prices bounced many times from the same level

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Dear All, this is my first idea which I am sharing with you. I am new to Candlestick pattern, trying to research and learn as much as I can. Please let me know your comments which will be important for me to learn more.

My Analysis on Gold:
Gold is very strong instrument and not like any other. It is in bull market since the inception. Currently it is in bull trend but the major correction has not yet happened for which I am waiting. I feel this one more push above $1500 and then it will start correction.
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