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ForexWizard01

GOLD another opportunity !!

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
ForexWizard01 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns Technical Indicators Gold XAUUSD xauusdanalysis goldsignals goldtrading goldidea goldanalysis goldshort goldsell
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trendanalysis chartpattern indicator gold xauusd xauusdanalysis goldsignals goldtrading goldidea goldanalysis goldshort goldsell
GOLD (4H) is in a long-term downtrend. After the previous monthly close, we see gold almost approaching the support and it is a high probability that GOLD may break the monthly support as the long-term trend is highly bearish. Currently on 4H Gold has formed a head & shoulder and the price currently tests the neckline of the head & shoulder. Once rejected, there is another selling opportunity one GOLD may appear.

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