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puangster

The GOLD-en escaping wave? Gold doesn’t seems promising.

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
puangster  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns Wave Analysis goldtrading goldprice Commodities shorts XAUUSD xauusdshort
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trendanalysis chartpattern waveanalysis goldtrading goldprice commodities shorts xauusd xauusdshort
Gold GOLD 3 attempted tries on it’s major resistance at $2070+ but couldn’t close above it.
Uptrend line support was broken during yr2022.
In the midst of forming head and shoulders pattern in the past 3 years chart.
Could this be the golden escaping wave?
Likely to decline towards $1810 support level first and once this support is broken, we could see $1616 next.
Duration towards mid term.
DYODD!
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