SHORT trade analysis on GOLD.
Graph is looking bearish from completed Bearish Cypher Pattern and resistance zone to lower support area. Price recently experienced hard rejection on resistance which is just additional confirmation for sell continuation. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Graph is looking bearish from completed Bearish Cypher Pattern and resistance zone to lower support area. Price recently experienced hard rejection on resistance which is just additional confirmation for sell continuation. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.