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the_sunship

Gold - short

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
the_sunship Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis XAUUSD Gold
11
6
trendanalysis xauusd gold
Just cracked it's consolidation area, it may retest the trendline again before falling more impulsively. Short to at least 1550, but probably much more.

Good Luck
Comment:
Gold has not been selling impulsively as it should, so I'm neutral on this trade. I got out of shorts for now until I see a better confirmation.
Comment:
Comment:
Gold still in this descending triangle, no confirmation yet
snapshot
Comment:
Hourly candle under the trendline but just the start, volume increasing as well. It would be prudent to see if the hourly candle closes under the trendline before entering short IMO.
snapshot
Comment:
Retracing the first move down. Another opportunity to short once it breaks down again.
snapshot
Comment:
Target hit, may go a little farther, but it should fall soon
snapshot

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