Elrouby

gold

Short
Elrouby Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
All technical analyzes give one indication, which is that gold will fall sharply this year, we had an analysis a month ago that gold is forming the cup and the handle pattern, but at that time we could not determine which level would reflect gold to the rise, but today we found this level, this level is 1700, i found that the handle will be in the shape of descending triangle and the fifth wave will be near 1700 ; which means that gold is for short till 1700 then buy with open tb😈,that is. When gold reaches its 1700 level, it will fly higher and break all resistant to reach its last target which is 2600, so based on what we said, gold is for sell to target levels 1700, 1750 and then buy from 1700 to our first target 2000 and our last target is near 2600 level . have a look below on high time frame to understand what we want to say
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