Maxpips

Bearish continuation for Gold

Short
Maxpips Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Hey guys, an excellent bearish daily close Friday on gold and the daily closed well below the Daily Mid-BB with a shooting star confirmation candle for Thursday's pinbar.

We expect the bear to continue at least until the FED meeting on Wednesday and we remain aiming for 1926 with a possible extension to 1916.

Let's see from there as we expect one more angry bull to show itself from that level before we break 1900 towards 1820.
Trade closed: target reached

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