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Sumo_Trade

Tested Multiple Times

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
Sumo_Trade Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Price has been testing our supply zone multiple times and was unable to break above.
Now price slowly forms a possible H&S pattern signalling a short term retracement down to our demand zones.
Comment:
As expected, Gold price broke our demand zone.
We are expecting a retest of the broken demand and confirmation candles before entering another short down to our next demand zone.
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