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Orro3790

Short Gold, Harmonic Pattern + confluence with resistance

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
Orro3790  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Harmonic Patterns Chart Patterns Gold shortgold usgold auxusd
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harmonicpatterns chartpattern gold shortgold usgold auxusd
Gold has made some interesting harmonic movements on the daily. Nearly 3 perfect harmonic movements (A-->B Retracement just barely passed the .61 level). We are overextended on the hourly, with declining volume, and approaching daily resistance levels. Short gold to .38 and .61 levels (C--->D retracement). GOLD
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