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EliteTradingSignals

GOLD BEARS ARE STRONG HERE|SHORT

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
EliteTradingSignals  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Gold short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis gold short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

The BB upper band is nearby so GOLD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1998.299.

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