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MtxTrader

Overall Bearish Perspective on Gold

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
MtxTrader  
FX:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD priceaction Gold Support and Resistance support Trend Lines Bearish Patterns channelbreak
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xauusd priceaction gold supportandresistance support trendline bearish channelbreak
Even with the US Dollar Index going side to side this week, Gold has fallen quite a lot.

I expect this to fall to 1180 after a retest of the resistance trendline of the bearish channel.
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