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Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading XAUUSD.
O'Hare is looking to sell at current levels $1,278/oz, and add on a rally to $1,295/oz. His stop is on a break above $1,316/oz and his targets are $1,267/oz and $1,250/oz.
O'Hare’s technical analysis of a selected trade is featured every Thursday on TradingFloor.
NON-INDEPENDENT INVESTMENT RESEARCH AND RISK WARNING
02:42 minutes
Tags: commodities, gold, home.saxo, saxotrader, saxotradergo, selling, steve ohare first 4 trading, trade, tradingfloor.com