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lucamodena

Short term retracement. Buy the dip!

Short
Gold Spot / U.S. Dollar (FX:XAUUSD)  
lucamodena  
FX:XAUUSD   Gold Spot / U.S. Dollar
Harmonic Patterns Chart Patterns Technical Indicators
7
0
harmonicpatterns chartpattern indicator
Why short?:

  • Bearish Harmonic Bat Pattern
  • Doji star formed at strong resistance zone
  • Stochastic and RSI indicators in overbought territory

As always I keep accumulating precious metals. I will be looking forward to add some more gold and silver during this upcoming short-term retracement.

GL & HF ;)

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lucamodena
Next stop: 1650$. Golden era is coming.
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