amirh1989

Short way for GOLD

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As I mentioned 1 day ago, short trading will continue its bearish trend to retest the upper channel by a suitable heavy support. The tp points specified in previous analysis were hit. Now in this time, i think a pullback to 1H cloud floor (at the right) will be happened. Then the price of Gold ounce/usd falls to the support zone (1815-1821). I drew the pattern of price changes. There's a symmetry in behavior between the both highlighted clouds in the left and right. Keep going a successful trading.

This trend is my opinion.
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