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Freeman_Ke
Jun 23, 2019 10:50 AM

Gold Short

Gold/U.S. DollarFXCM

Description

Gold is in an area which i see as resistance(supply) which is a 2013 swing to downside,previously it was support(demand)

my bias longterm on Gold could be bearish, i am observing how steep the trendlines on lower timeframe H4 are and i believe this momentum may not sustain for a while and gold will need to drop,also my bearish bias could be confirmed if we close back inside the dailly resitance(supply) we broke last week

also i have taken notice of an ellliot wave trade setup i saw which could be a abcde pattern
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