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DeGRAM | GOLD opportunity to short the market

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
DeGRAM  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Support and Resistance goldanalysis goldsignals
22
2
trendanalysis chartpattern supportandresistance goldanalysis goldsignals
 GOLD spiked up and tested the resistance, indicating the bears are in control.

Price is going up to the resistance level where it dropped before. Essentially, it is in the consolidation zone.

We anticipate a bearish move following a breakout of the dynamic support level.


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