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ThemasterFxIdea

GOLD on the M30 time-frame

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
ThemasterFxIdea  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis themasterfx
3
0
trendanalysis themasterfx
Gold may fall to 1780 - 1786

Our preference
Short positions below 1808.00 with targets at 1786.00 & 1780.00 in extension.

Alternative scenario
Above 1808.00 look for further upside with 1818.00 & 1828.00 as targets.

Comment
The RSI is bearish and calls for further downside.
Daily and weekly charts are also bearish.
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