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Kav1ka

GOLD - A Bearish Channel! 👀

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Kav1ka Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Support and Resistance Fibonacci Gold golddollar goldusd XAUUSD USD Forex forextrading
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trendanalysis supportandresistance fibonacci gold golddollar goldusd xauusd usd forex forextrading
Resistance @ 1805 level held pretty nicely, no candle close above it on the daily, even on the 4hr chart. This means if we don't see a retest of that resistance level, then this move lower would be an impulse move for a new low. However, if we get a move back up to 1805, then more than likely we would see Gold heading to the top of the bearish channel. 😎

Happy Trading folks!

Cheers!
Comment:
🤞
snapshot
Comment:
Reversal Trade -
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Comment:
Just saw that we didn't reach 1805 🙄
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