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Nutty_Trader

Gold Triple Top - Bearish Divergence

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
Nutty_Trader  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Technical Indicators Chart Patterns
2
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trendanalysis indicator chartpattern
Gold should make a move to the downside in the coming weeks. We have formed a triple top along with bearish divergence. I would expect a fall to the $1600 range as that serves as our support line as well as the .618 fib retracement level.

Not financial advice.


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