Gold To Show Short Term Short Opportunity

FX:XAUUSD   Gold Spot / U.S. Dollar
From pure technical analysis . There are numerous confirmations of Gold , firstly, looking at the Fibonacci retracement ; it tends to be trading between 78.6% as a resistance level and 61.8% as a support level . Using historical price action, this would indicate a bounce off the support level found at the 61.8% level. Although, I believe this price will be broken due to a recent cross over between two moving averages. The blue (30SMA) has recently crossed over the red (10SMA). This crossover can lead to start a downtrend, as well as this, the ADX is showing a strong trend of bearish trend .
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out