Orro3790
Short

Short Gold, Harmonic Pattern + confluence with resistance

TVC:GOLD   CFDs on Gold (US$ / OZ)
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). TVC:GOLD
BB is broken, don't you think this is the opposite what are you expecting? Moreover, it is expanding (in other words, it is getting wider) which means the bulling volatility might be in place. What do you think?
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