PooyaSalehipour

Is There Any Future For gold?!

Short
PooyaSalehipour Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
21
Dear friend's

Is there any future for gold? I say absolutely NO. We dont have any good future for gold. there is impossible to have bullish movement.

The more important trend line from 1046 was break at Fridays when price move around 1317.
i dont have any bullish idea but there could be have some correction at Mondays possibility of poor maximum at 1338.

so, we can have two reason:
1) move to 1296-1294 for first step
2) move to 1334-1338 again and back under 1300.


The long term of this yellow metal is bearish. There is no way to drop down.

Hope you choose the best and right things that you believe.

Kind regards,
P.salehipour
Trade active:
buy with 1307 SL

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