Short Term Bearish Reversal Setup

FX:XAUUSD   Gold Spot / U.S. Dollar
247 3 4
Gold             has only 1x this year gained for 5 days in a row. Yesterday was the fourth. 4hr and 1hr charts show failed breakout attempt which resulted in LH (lower high). Pressure and likely profit taking is on, so expect at least a minor pullback.
once it failed, it usually fails a long way
Pull back completed and let's see how we go from here. Very good Analysis
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out