Gold recently touched and retested a weekly high creating a double top and has now entered a down trend. As you can see illustrated below on the 4hr chart, another indication is the break and retest of the 200 exponential moving average: a continuation to the downside.
Gold recently touched and retested a weekly high creating a double top. I believe there will be a huge dump creating some major moves to the downside. Here is an example of an easy 1,800 pip gain but keep an eye on it meaning enter the trade at your Own Risk. Just scale in and short on your way down.
