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GOLD - WEEKLY SHORT

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Price Behavior of weekly chart:
1. Three drives bullish pattern.
2. Four Bar Bull Run after breakout.
3. Price range bound after bearish Trend line

Time Cycle:
1. 38 Weeks first bearish trend.
2. 35 weeks second bearish trend.
3. 36 weeks Consolidation after first bearish Trend line breakout.
4. 36 weeks consolidation period is expected
after second bearish trend line breakout

Divergence:
MACD Divergence made when price made Double Top
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