GOLD (XAUUSD): Key Level Ahead! Watch Carefully

8 May 2021

Hey traders,

Rally on gold continues and during the us session yesterday we saw an impressive movement.

However, ahead is a strong structure area.
The confluence zone between a resistance line of a major channel
and strong horizontal structure.

Next week look for a confirmation to short from there and catch a pullback.
I will update the post in case, if I see a needed confirmation.

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