Gold short - Intermediate decline

2 Ağu 2017

Gold is testing back it's channel from Dec' 16, at resistance from 2011 ATH trend line, and due for an intermediate decline in it's cycle pattern.

DXY and Silver charts also support this direction as silver turned down on Monday and DXY is at support in its long term channel. Those charts I will post below.

TP 1: $1200

TP 2: $1165

2 Ağu 2017

İşlem aktif

2 Ağu 2017

Not

Above is Silver / Below is DXY:

2 Ağu 2017

Not

2 Ağu 2017

Not

Here is the Heiken Ashi chart..It has started!!!

2 Ağu 2017

Not

4 Ağu 2017

Not

Now that we know top is in, here is the future outlook and trend channels to watch