ForexGoldIntraday

After retracement posible another bearish move?

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OANDA:XAUUSD   Ouro/Dólar Americano
After the obvious head and shoulder pattern and the break off the bullish channel i adviced to keep shorting the market. Gold fell deep and we took some winning trades. 2030 is key level. If this level stays intact it will go up again. Gold eventually did reject.

Atm i am focusing on the 2055 resistance level to go short again with targets such ass 2045 and 2032. Posible we will see a break off 2030, because this zone got tested multiple times. If we get proper confirmation then we need to add more sells below 2030.

Resistance: 2055, 2070, 2090
Support: 2045, 2031
Aviso legal

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