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CFDs on Gold (US$ / OZ)
Short

Tweezer Top Candle pattern on Gold

323
The bearish tweezer top candle formation has formed on Gold. The price should drop a bit, hit a support, then break through that support downwards. Target price should be around 11700/OZ, around 4.5% lower from current levels. In addition, stocks should pop and dollar should strengthen on strong employment numbers, sending Gold down.
TC85
Bearish PatternsChart PatternsGoldgoldtradingshortTrend Analysis

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Bearish PatternsChart PatternsGoldgoldtradingshortTrend Analysis
TC85

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.