burakpadir

XAUUSD Trend Analysis

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold made a bear trap below 1280 since graph showed everybody a h&s however it was a falling wedge. It also brokeout 1290 and made bull trap over 1290. I expect a pull back to red trendline from bottom side then price will able to break green support for a more powerful bearish market to stop trapped bulls over 1290. I'd suggest short when it's rejected by red trend line around 1282 tp:1252 sl:1285 RR:10
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