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CeylonBull

Gold has reached the decending triangle!!

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
CeylonBull  
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns XAUUSD goldtrading
3
4
trendanalysis chartpattern xauusd goldtrading
On 30 min chart you could clearly see a descending triangle on XAUUSD pair and once it breaks the lower trend line it would be good for sells plus daily chart shows a bearish trend too after a two day pull back. Price offers a 1909 area for TP so I would recommend setting TP around 1911 for TP to avoid the chaos area.

Good luck
Happy trading guys
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