GOLD SHORTAnother look at my chart, I'm seeing a huge area of imbalance waiting to be filled, lets see how it plays out!
Shortinggold
Looking at shorting GoldPossible short Gold play, Lots of tension between Russia and Ukraine could possible cause gold to tarde erratic due it been a safe haven instrument.
Tradign with caution.
Shorting GoldLooking at a breakout of the support line and taking advantage of a further drop in the price of the precvious metal. This analysis and trading idea is providing you with t he possibility of banking 4 - 6 USD on a conservative basis and still be out before the weekend starts, having a peace of mind with your account and positions. Like with evberything that we do at Mayfair Brooks Group and our Retail Division (MayfairMarkets) we have looked further to have an additional confirmation of our analysis by applying the RSI and MACD indicators.
Head and Shoulders forming on GoldFrom the looks of the chart, there looks like a Head and shoulders is forming. It could result in a nice bearish move to the July 30 2020 noon time low for support.
