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dnsmith

Short - 1280 Incoming

Short
Gold Spot / U.S. Dollar (FX_IDC:XAUUSD)  
dnsmith  
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators XAUUSD short consolidation-breakout
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trendanalysis chartpattern indicator xauusd short consolidation-breakout
Price has clearly consolidated around the 1290-1297 range and has tested these two price points nearly all week.

Price hasn't been able to push through the zone and we should see a retest of the 4 hour trend line and the 200EMA at around the 1280 mark.

Watch this trade carefulluy
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