TradingView
Blased
Mar 25, 2016 10:01 PM

Short on XAUUSD in the near future Short

Gold/U.S. DollarFXCM

Description

Monthly supply in control. Weekly supply in control. This is a major reversal that could reach opposing demand at 1100.00. There is new valid demand 124.42. This will be a great short. There are probably great nested 4 hr levels in that demand area. There is also definitely room for a 3:1 profit target.
Comments
Ranngo
Nice call. I'm assuming you went short today? Are you expecting 1100 to be reached on the decline ?

I see head and should top being formed right now.
More