XAUUSD / GOLD Short biased on the following basis:
1. Downtrend: LH and LL
According to the DOW theory gold is making LL and LH which means the price is continuously moving down.
2. Shooting Star
Candle Stick a shooting star indicates the downfall in price as well.
3. Parallel Channel Resistance
The price is moving in a descending parallel channel and now the...
