Gold near term weakness Short

Gold/U.S. DollarFXCM

Description

⋅ Jul 20, 2019 4:11 AM

Friday's reversal suggests near term weakness in Gold
Two scenarios I'm watching in gold:
1- Retrace to previous swing low 1375, find support then up to 1485-1503
2- Retrace to the triangle trendline around 1350, find support then up to 1485 - 1503

** Just an idea NOT a forecast