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Adriansjo

Potential Sell position for Gold

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Adriansjo  
CURRENCYCOM:GOLD   None
Trend Analysis Fundamental Analysis lowrisk highreward reversal berish shortsetup
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trendanalysis fundamental lowrisk highreward reversal berish shortsetup
Later this week and the start of next, we will be looking for Gold to throw a reversal on a smaller timeframe for a short position. We can see gold reversed on this week's Fib and support, headed towards our resistance on our Daily bearish flag. We have 2 potential trendlines for gold to reverse on and our Fib's 0.27 zone. TP will be on small support and we will look for a break to expand!
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