VladimirRibakov

Gold Short Term Forecast

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
D1 - Price is holding below an important resistance zone formed by the top of the bullish channel and the psychological level 1650.

H4 - 20 candles ride in Bollinger Bands, Extreme divergence

H1 - Bearish Trend Pattern, until the sell zone shown in the chart holds my view remains bearish here.
Comment:
This sell setup moved perfectly as per my plan and provided wonderful returns.

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