PHOMOLO9999

XAUUSD BEARISH FORECAST

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Looking from the higher timeframe we see gold selling really hard and breaking the support trendline though I would like to see a retest after the breakout of the Support Trendline...Inside the ascending channel we also witnessed a H&S support trendline acting as a neckline on the head and shoulders.
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