jhevaughnbeckford

GOLD for SALE !! Sell @ 1467

Short
SAXO:XAUUSD   Gold Spot / U.S. Dollar
M - Looking like it is heading down with a new monthly low formed - 1400?
W - Strong engulfing red candle on the Weekly which supports the probability that the next week candle will be going down
D - If price stays below 1473, I will continue to look for sell set ups.
4Hr - There was a wick out of the support which hasn't been broken that might suggest the price might pull up before going down - Wait to see what will happen.
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