On March 22, 2017, Posted by , In Uncategorized, By , With No Comments


XAU/USD has now rallied to a prominent level of resistance, one should expect bearish reaction towards price levels 1252.00 area given the lateral support as well. Also considering that the market is overbought. Those with long trades may consider protecting their profits thus far by moving stop losses into profit and securing profits accumulated. Sell trade not yet confirmed, although market at a prominent level.

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