Gold Spot / U.S. Dollar
Short
Updated

GOLD Buyers In Panic! SELL!

snapshot

My dear friends,
Please, find my technical outlook for GOLD below:
The price is coiling around a solid key level - 2422.9
Bias - Bearish

Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 2378.6
Safe Stop Loss -2451.4

About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
Note
Awesome idea and already in the money!
Trade closed: target reached
snapshot
The price has finally arrived to the destination!

Disclaimer