PicoWizard

Gold heading south. Weekly Update - 19. APR. 2020.

PicoWizard Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Hello Traders, What I see with gold is that there is now a external trendline breakout to the downside look at number 1.

I think there will be a pullback towards number 2, After that there is a chance of a correction towards the 1600 area.
it is a nice short opportunity, if everything goes as expected.

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This is not for financial advice but for education!
Comment:

Looking good for now, we're getting closer to number 2.
Comment:

Perfection!
A nice pullback, now we can expect more downside.
Comment:

I'm waiting for the 0.786 to be honest with you, to short it completely to the 1600 area.

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