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#GOLD facing resistance in the shorter time frame!

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
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OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators goldtrend goldtradingstrategy goldprediction goldprice goldtradingsetup trading tranding
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trendanalysis chartpattern indicator goldtrend goldtradingstrategy goldprediction goldprice goldtradingsetup trading tranding
Gold is currently trending within a falling channel, with the upper resistance indicating an upcoming drop towards the 1980 level, in the short term. For a bullish trend to emerge, gold would need to break out of this channel and surpass the upper horizontal resistance.

In my opinion, Gold's price will drop towards the lower support level.

Stay tuned for further updates.
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