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GOLD BEARISH BIAS RIGHT NOW| SHORT

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Guld / USA-dollar (OANDA:XAUUSD)  
EliteTradingSignals Uppdaterad   
OANDA:XAUUSD   Guld / USA-dollar
Trend Analysis Chart Patterns Wave Analysis Gold short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

It makes sense for us to go short on GOLD right now from the resistance line above with the target of 2007.372 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.

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Kommentera:
We are seeing a good move already so we will keep the trade running!
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