Get started
Trading_Tony

GOLD - Pull back coming...

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
Trading_Tony  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns Technical Indicators Bearish Patterns Divergence DXY AUDUSD
10
6
trendanalysis chartpattern indicator bearish divergence dxy audusd
Hello Traders,

Bearish divergence on the RSI daily time frame.
Extremely sharp ascending wedge formation.

Technical analysis is suggesting a breakout to the downside.
First major support zone can be found around 1680 which will be my target if we see a break to the downside.

Any thought or comments let me know,
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.