Gold Faces Stiff Overhead Resistance

"Danno" Sheehy

Good morning traders. Gold (/GC) is coming into strong technical resistance making it a good short candidate. Please observe the chart below. The longer term descending trendline and horizontal resistance converge just above the current price. Hitting the short entry right at resistance with a tight stop placed just over the descending trendline provides the […]
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"Danno" Sheehy

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