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HyperJesus

Clear Bearish Trend Channel

Short
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
HyperJesus  
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis
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trendanalysis chartpattern waveanalysis
Lets try to pick up this trend. Gold rushed a little bit over the trendline but that is ok, cause it was just to hit the 0.618 level where whe have a clear reversal now.
All this is combined with RSI Divergence, giving us further confirmation for our bearish setup!
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