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GOLD SELLERS WILL DOMINATE THE MARKET|SHORT

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Emas / Dollar A.S. (OANDA:XAUUSD)  
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OANDA:XAUUSD   Emas / Dollar A.S.
Trend Analysis Chart Patterns Wave Analysis Gold short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

GOLD pair is in the downtrend because previous week’s candle is red, while the price is clearly rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2265.765 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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