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starek22

Bearish GOLD

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
starek22  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns Technical Indicators Gold goldtrading goldanalysis goldsell goldtradingstrategy
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trendanalysis chartpattern indicator gold goldtrading goldanalysis goldsell goldtradingstrategy
It’s a death cross for the GOLD (the 50 EMA has crossed over the 200 EMA for the downside on the 5th of March) which confirms a Bearish gold for medium to long term. Breaking the support level (1690 – 1670) will give us more confirmation for the long term short market for the gold.
Looking for sell trades only, either when touching the top of the ascending channel, or when touching any of the EMA’s.
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