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TheSignalyst

GOLD - XAUUSD Short/Sell Idea

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
TheSignalyst  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis Gold XAUUSD Divergence macdivergence Technical Analysis roundnumber
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trendanalysis chartpattern beyondta gold xauusd divergence macdivergence technicalanalysis roundnumber
GOLD - XAUUSD Short/Sell Idea

waiting for a momentum (H1) candle close below 1380.0 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Trendline (in blue)
3- Rejection/Resistance zone from Daily/Weekly

Three confluences are enough to consider Selling GOLD, after a break below 1380.0 (in black)
This analysis is done using RichTL
www.RichTL.com

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