CFDs on Gold (US$ / OZ)
Short
Updated

XAUUSD BREAK ABCD PATTERN

154


Citi notes lower demand for gold and expects lower prices in the coming months.

#Gold breaks below the ABCD harmonic pattern, facing the 3385 support zone.
The Momentum oscillator crosses the 100-line downwards, confirming the power of a downtrend.

#TradeIdea

SELL #XAUUSD ONLY on breaking below 3385;
TP: 3320.

Destroy 👍 if it's time to sell Gold
Trade active
Trade closed: target reached

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