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MegaWhale

GOLD GOIND DOWN SOME MORE?

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
MegaWhale  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns Technical Indicators Gold goldtrading goldidea goldusd goldlong goldanalysis
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trendanalysis chartpattern indicator gold goldtrading goldidea goldusd goldlong goldanalysis
The potential bear case for gold - as you can see we have broken below the pennant support line and have bounced back in, this could be a temporary move before dropping to lower levels.

The monthly chart for gold is showing strong signs of a bearish reversal with overall momentum turning to decrease!

Are we about to see lower levels?

What do you guys think!

''Buy Big Sell BIGGER'' - MegaWhale
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