XAUUSD SHORT POSITION IDEA I can't enter long =]]]
Reaching the resistance since February on gold, area is 1815 - 1825.
Gold may be forming a double top a short is at play waiting for confirmation
it is for me or the market its is impossible that if the market make 2k pips in just short of time 3days that he needs to recorrect it self at least 50% - 61% fib if he do that in long term at least it wil take 2 or 3 week to get there.... have a nice day.
Hey traders, On the H1 charts for Gold I see a Head and Shoulders pattern that has formed. If price can break the neckline I see price going down until about 1435 or until we see signs of reversal. Simple technical analysis and price action. Risk management is king.