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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 2,385.656 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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Not
We are seeing a good move already so we will keep the trade running!
Bearish PatternsChart PatternsforecastForexGoldSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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