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tommyjones91
Mar 21, 2017 9:59 PM

GOLD possibly reversal at FIB level and resistance, RSI oversold Short

FX:XAUUSD240
Gold/U.S. DollarFXCM

Description

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GOLD has bounced off the 23.6 FIB level, and is currently at previous resistance
Looks to be forming a bearish shooting star doji.
RSI also oversold.

Will be looking for more confirmation of bearish move for trade entry.
GoldRelative Strength Index (RSI)FibonacciSupport and Resistance
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