BullsandBearsAcas

POSSIBLE BEARISH TREND MAY BE FORMING ON AFRICA'S FINEST.

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
For the 3rd time in three years Gold seem to fail 2060 which is the highest of all time, respecting a monthly ascending trend line resistance. Every investor is looking to short the precious metal. Going lower to Daily and H4 TF, we seem to be forming what looks to be some sort of head and shoulder/ triple top structure forming. As the price looks weaker this evening, possible violation to the current structure seems to inevitable.

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