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BlackbearTrader
Apr 3, 2017 6:54 PM

Gold? Short

GoldOANDA

Description

Gold sees to be forming a Flag pattern or a double bottom, but my bets are on flag pattern as volume seems to be decreasing, also, the 100 Moving Average is providing support while the 200 Moving Average is providing resistance.So, short for now.
Comments
marcusfx777
Im in on this, perhaps a little early, but a nice reaction on the 1hr at the weekly resistance/ 1.213 which corresponds with the last daily highpoint on the 27/02
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