TopTradingSignals

GOLD likely to keep Falling. Sell!

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Hello,Traders!
GOLD was clearly oversold lately
So the market gave it a pullback
As the short traders were taking profit
While some minor opportunistic longs were opened too
However, gold is now stuck below a falling resistance line
Which used to be a support line
So there is a good chance, that Gold will go down from here
Before It gets to the real strong support, which I talked about
In my previous analysis
Sell!

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Comments

I am waiting for the Red trendline to break and you can review my goals by clicking on analysis
Reply
Great setup, right?
Reply
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