Black_Magic_Capital

Eyeing up GOLD for a move down

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
HTF - in an expanding formation at significant highs. Also have a 123 ascending wedge with middle section squeezing price at highs |
LTF - broke highs impulsively to complete structures. Tight expanding pattern extension doubling up as a possible ending signal

I'll be waiting for the market to show it's hand here as price could easily break out to upside with the daily momentum. If price pushes down, looking for a tight flag as my entry

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