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VladimirRibakov
Feb 26, 2020 2:10 PM

Gold Short Term Forecast Short

GOLD (US$/OZ)TVC

Description

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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