GcNaif

Short based on Current Price action on Gold

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Gold looks bearish at the moment. It has retraced 50 percent(1191) of its last week's move from 1170 - 1214. i also see 2 potential Harmonic patterns Bullish Bat in Green and Bullish AB=CD in Black. Both these patterns are in their CD leg .

Black Lines: Lase week High/Low
Red Rectangle: Sell Area/Resistance

I am a Chart Slave.Thank you TradingView and @nmike.
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