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VladimirRibakov

Gold Short Term Forecast

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
VladimirRibakov  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Multiple Time Frame Analysis Trend Lines Gold SELL Bearish Patterns extremedivergence correction Trend Line Break
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trendanalysis mtfa trendline gold sell bearish extremedivergence correction trendlinebreak
D1 - Extreme divergence, currently it looks like a correction is happening.

H4 - We have a first leg down followed by a double wave correction.

The price has broken below the most recent uptrend line.

Expecting further continuation lower in the short term.
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