GOLD H1 Short Setup

By khrisnapm
Gold price touched a strong support level at 1501.00. The potential that occurs for today is price move continue for bearish to level 1493.00. price move aggresively on thursday and form candlestick bear with big body and short tail. However, if the price breaks the level of 1510.00 there will be a possibility to move back to the level of 1527.00.

Disclaimer : Forex and gold trading high risk investment. This analysis only gives a picture of traders to take positions. Prices cannot be ascertained up or down. use safe lot size for your own safety.
Chart PatternsGoldTechnical IndicatorsTrend AnalysisXAUUSD
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