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MtxTrader
Mar 11, 2017 7:24 PM

Overall Bearish Perspective on Gold Short

FX:XAUUSD240
Gold/U.S. DollarFXCM

Description

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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.
XAUUSDpriceactionGoldSupport and ResistancesupportTrend LinesBearish Patternschannelbreak
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