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TradingBonus
Nov 4, 2021 7:37 PM

GOLD BEARISH CYPHER Short

GoldOANDA

Description

SHORT trade analysis on GOLD.

Graph is looking bearish from completed Bearish Cypher Pattern and resistance zone to lower support area. Price recently experienced hard rejection on resistance which is just additional confirmation for sell continuation. Trade idea is also shown on RSI indicator.

If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Comments
ProSignalsFx
It might fall agree!
TradingBonus
@ProSignalsFx, I am glad to hear that :)
KlejdiCuni
Great job!
TradingBonus
@KlejdiCuni, thanks dude :)
Mihai_Iacob
I m bullish, but, of course, you can be right
TradingBonus
@OptimoomFX, Thank you for the comment. I will be careful.
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