CFDs on Gold (US$ / OZ)
Short
Updated

Gold Short Term Forecast

495
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.
Note
This sell setup moved perfectly as per my plan and provided wonderful returns.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.