kainyahd

GOLD SHORT ANALYSIS

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Hi Comrades, we see a bearish reversal move after an uptrend on the daily timeframe, last week we saw a price breaking through the market structure on our support level. We will be waiting for a repulsive move for price to surge up to touch the 0.23 fib level around the area of 1735 to 1738 and then we enter for a strong bear move down to 1670 as our target in confluence with Elliot corrective wave 'C' and downside trend move.
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