VladimirRibakov

Gold Short Term Forecast

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
H4 - Price respected the important resistance zone and is currently moving lower, bearish divergence, uptrend line breakout.

H1 - Price has broken below the bottom of the range, currently it is moving inside a bearish channel, bearish trend pattern.

I expect bearish continuation in the short term.


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