Gold is short

已更新
Basically what we can see is that gold is creating lower highs meaning there is a down trend happening. But there is a strong support line on the 23.6% Fibo area.
Nevertheless its is still trending down so we can expect that 23.6% level will be tested again and that will be the area of 1st TP. Should it breaks through 2nd TP will be at 0% level.

Let's keep the technical simple and easy for all to understand.

Like and Follow guys!
評論
Nice movement to the down side on gold
評論
TP1 Bagged. Awesome.
交易結束:目標達成
FibonacciGoldSupply and DemandTrend LinesXAUUSD

免責聲明