FUNTRADER-Vera

2806 GOLD daily target down to 1730

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,

This is a daily plan to sell GOLD with bearish daily signal .

Gold has been rejected triple times on daily chart by hitting the pressure line.
Price turn down to make a double top and pull back to 1857 for a daily correction.
Since then, we dont see any strong price action to help gold make a new high to break the last pressure zone .

Moving average lines are now become a helpful pressure line to follow . And gold made a strong bearish signal yesterday on daily chart .

So why not just keep following the moving lines to sell. Fibo 1.27 extention position is my target to hold till July.

Good luck on daily plan to sell. And pls just be patient.
LESS IS MORE!
Comment: Will Gold TEST 1800 today ?
Trade closed: target reached

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