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VladimirRibakov

Gold Forecast

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
VladimirRibakov  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis Gold forecast SELL Bearish Patterns extremedivergence correction bearishtrendpattern
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trendanalysis supportandresistance mtfa gold forecast sell bearish extremedivergence correction bearishtrendpattern
D1 - Extreme divergence, expecting corrective phase to happen now.

H4 - Price is holding below the falling resistance and the horizontal resistance zone.

H1 - Bearish trend pattern.

If we get a valid breakout below the most recent uptrend line we may then consider it as a validation for the bearish view.

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