XAUUSD short term sell opportunity inside Channel Down.

Gold / XAUUSD is trading inside a Channel Down pattern for the whole month of November.

Right now it is on the latest bearish wave, the 4th so far.

The 1hour RSI is also following the same sequence as the previous bearish waves.

The last two have dropped by a minimum of -3.40%.

Sell and target at least 2550.

Previous chart:

XAUUSD has topped. Quick sell can be taken here.


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Chart PatternsCommoditiesGC1! (Gold Futures)GoldTechnical IndicatorsMetalsTrend AnalysisXAUUSD

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