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GOLD SHORT FROM RESISTANCE

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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!

The BB upper band is nearby so GOLD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 2018.463.

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Komentar:
We are seeing a good move already so we will keep the trade running!
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