TradingView
hmmmpf
Feb 16, 2016 1:10 AM

Gold short idea Short

Gold/U.S. DollarFXCM

Description

Price was rejected by weekly trendline and resistance(red). I assume the up trend is now over and we are going back to the downside. On short / medium term, price didn't respect its trendline and was rejected by mid term resistance.A pullback back to .382 fib retracement is quite possible (oversold stochastic) which is my short entry. Good luck
More