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Selloff in GOLD - XAU/USD - Weekly swing short

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Spot Altın/ABD Doları (FX:XAUUSD)  
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FX:XAUUSD   Spot Altın/ABD Doları
XAUUSD xau_usd Gold US DJ FXCM Index dollar Forex fx pips PIP currency CFD Currencies currencytrading selloff continuation trend trends trending break breakout breakdown SELL selling short shorting shorts Trend Lines trendcontinuation trendtrading trendfollowing profit profits shortsetup swinging swing-short swing-trade swing-trading swing swingtrading swingshort swingtrade swingtrader swings money PRO projection professionalism probability Harmonic Patterns priceation price anticpation anticipation anticipatory ANTI professional projections probabilities profitability probably target targets
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xauusd xau_usd gold us usdollar dollar forex fx pips pip currency cfd currencies currencytrading selloff continuation trend trends trending break breakout breakdown sell selling short shorting shorts trendline trendcontinuation trendtrading trendfollowing profit profits shortsetup swinging swing-short swing-trade swing-trading swing swingtrading swingshort swingtrade swingtrader swings money pro projection professionalism probability harmonicpatterns priceation price anticpation anticipation anticipatory anti professional projections probabilities profitability probably target targets
Gold made its high in 2012 and since then has came off considerably..

For the past yr after the initial selloff, price has been consolidating for the past yr with a clear descending trendline which re-confirms the initial selloff that a potential continuation is coming.

With that in mind, I'm anticipating a further sell off in gold with a expected target of around 1002.00
Feragatname

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