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VladimirRibakov

Gold Sell Idea

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
VladimirRibakov  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis Gold SELL Bearish Patterns Descending Channel Bollinger Bands (BB) correction
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trendanalysis supportandresistance mtfa gold sell bearish descendingchannel bollingerbands correction
D1 - Price is below the middle of the bearish channel, we have an important support zone formed by the bottom of the bearish channel and a strong supportive area. Price still has room lower towards this zone.

H4 - 20 candles ride in Bollinger Band, bullish divergence.

We may now look for possible corrections to happen and then we may look for sell opportunities with bearish evidences.
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