GOLD:SELL From 1660 Area Resistance Bearish Channel SHORT setup

Short

Gold Spot / U.S. Dollar (OANDA:XAUUSD)

Updated

OANDA:XAUUSD Gold Spot / U.S. Dollar

GOLD in the last session had a strong pullback on the previous resistance level at the 1660 level price and today after a Doji candle followed by a bearish one in confluence with the Trendline of the bearish channel, the price today seems ready to reverse the previous impulse probably after catched some stop loss in that area of price. We are in a strong downtrend, the clues are about a new short impulse.

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