GOLDTREND-NET

GOLD - Pull Back To 1750 After Touching 1790 ?

Short
GOLDTREND-NET Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
Gold has hit the previous structure and resistance zone at 1790-1800. It has formed a hanging man candlestick pattern on 1-hour chart with negative divergences on MACD and RSI indicators.
Expect gold to pull back to 1750-1760 support zone when gold breaks 1780 level.
Order cancelled:
Gold did not break 80 but instead break 90 so trade cancelled

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