GOLD: Selling Wave Begins? Short

GoldOANDA

Description

⋅ Sep 18, 2019 6:47 AM

gold has recently approached significant zone of resistance on weekly.
sellers started pushing the market and now the market is trading below the zone.
it looks like a correction cycle on gold begins.
watch daily chart for further confirmation!

Comments

VasilyTrader

⋅ Sep 18, 2019 6:48 AM

Share your analysis on GOLD here

Monfex

⋅ Sep 19, 2019 11:28 AM

Also think about this zone of resistance !

Dave-FX-Hunter

⋅ Sep 18, 2019 1:28 PM

Nice job bro!

VasilyTrader

⋅ Sep 18, 2019 1:40 PM

@DaweFXHunter, thank you!

Antonio_trader

⋅ Sep 18, 2019 7:58 AM

Today's FOMC meeting should get everything going, mainly another hawkish cut is expected.

VasilyTrader

⋅ Sep 18, 2019 1:40 PM

@AntonioFX777, yes, lets see!

HiasFiat

⋅ Sep 18, 2019 7:24 AM

Agree on the weekly, but the daily looks different/undecided, looks like a small push up is also possible, maybe retest of resistance/double Top?

VasilyTrader

⋅ Sep 18, 2019 1:40 PM

@HiasFiat, yes yes, for now on daily it is still indecisive