GOLD:SELL From FIBO Area+Resistance 200 sma DIV RSI Stoch SHORT

As explained in our Last Idea on GOLD, yesterday the prices are grows until reached the are 50% and 61.8% where a confluence with a static Resistance plus the presence of a 200 Moving average in this Bearish channel turn the price in the direction of the main trend. There is a Divergence in Both RSI and Stochastic indicators with an overbought scenario. The Ichimoku forecast remains strongly bearish and all the clues are for a short setup.

Kommentera: