Good opportunity to sell Gold under the daily timeframe.
Gold(1-Day) Sell
Why Sell
Gold(1-Day) Sell
Why Sell
- A continuous down trend line
- The price rose for a while and bounced after finding resistance at the 38.2% fibonacci retracement level
- Trend (long term) indicators are pointing down
- Wave(short term) indicators are pointing down
- Chart pattern shows correction is over as it has resumed to move lower
