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Short Gold
Gold Spot / U.S. Dollar
Short
Short Gold
By ezfx07
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7 days ago
2
Cheer
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7 days ago
Gold is at All time high level.
Market made a high on Thursday and haven't reached that high on Friday.
There is an inidcation on Thursday for a clear momentum shift at least in the short term as this is visible in the 1 hour time frame.
Today market tried to rally higher but was sold off near the start of London open leading me to beleive we might see some weakness in the short term.
This could be an ideal trade and would like to leave it open as there is a lot more room to go to the downside.
Beyond Technical Analysis
Trend Analysis
ezfx07
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