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VladimirRibakov

Gold Short Term Forecast

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CFD pada Emas ($AS/OZ) (TVC:GOLD)  
VladimirRibakov  
TVC:GOLD   CFD pada Emas ($AS/OZ)
Trend Analysis Trend Lines Multiple Time Frame Analysis Gold forecast SELL Bearish Patterns keyresistancezone bearishdivergence Trend Line Break
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trendanalysis trendline mtfa gold forecast sell bearish keyresistancezone bearishdivergence trendlinebreak
H4 - We have a key resistance zone that has formed by the 100% (1778.34) fibonacci expansion level of the first wave and the 61.8% (1794.43) fibonacci expansion level of the second wave.

The price which was moving higher reached this key resistance zone, respected it and is currently holding below it. Bearish divergence.

H1 - We had the first leg to the downside and currently, it looks like a correction is happening in the form of an ABCD pattern.

Expecting further continuation lower after a valid breakout below the most recent uptrend line.

Note: We have Non Form Payroll news release today, please pay attention to that.
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