QuanYi
Short

Sell Opportunity on GOLD

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
562 1 7
GOLD             is going to go south on Monday. Firstly, in the 4H chart, gold             broke out of the counter trend channel at point A followed by a rejection of the counter trend line resistance at B. We can see a reverse doji at the top which signifies a reversal coupled with the above mentioned conviction points. We should gold             prices retesting the 1080s and even the 1060s.

Comments and advice are greatly appreciated. This is purely my opinion on XAUUSD            
Agree, practical technical analysis. Regards
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