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GOLD (XAUUSD) Bearish Movement From Key Level
Gold Spot / U.S. Dollar
Short
GOLD (XAUUSD) Bearish Movement From Key Level
By VasilyTrader
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Apr 24, 2020
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22
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Apr 24, 2020
GOLD has reached a key level yesterday.
on 4h we see a clear divergence and dodji + rejection formation,
signifying the current unwillingness of buyers to breakthrough.
on 1h the price has broken below a rising wedge formation and I shorted the market after a minor pullback.
based on that I believe that today the price may retrace to 1710 level - current minor support!
good luck!
Chart Patterns
Commodities
forecast
futures
Gold
swing
Technical Analysis
Trend Analysis
DJ FXCM Index
Wave Analysis
XAUUSD
VasilyTrader
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