rudyjo

GOLD on it's move

Short
rudyjo Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Hi, it's been quite a long time for me to post my analysis.
Here's my analysis about GOLD.

From monthly BIG Double Top pattern, we could consider that Gold now is on Bearish Trend. Last week, i thought it just finished it's retest and i see that gold will continue it's journey.
I think we will see some ABC correction move UP a while before it's impulse bearish wave again down to my TARGET area.

I would like to short somewhere around the pool or the RED SUPPLY ZONE after seeing some price action in a lower timeframe.

Disclaimer on,
Trade Responsibly.

Rudy Jo
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