QuanYi

Sell Opportunity on GOLD

Short
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
GOLD is going to go south on Monday. Firstly, in the 4H chart, gold broke out of the counter trend channel at point A followed by a rejection of the counter trend line resistance at B. We can see a reverse doji at the top which signifies a reversal coupled with the above mentioned conviction points. We should gold prices retesting the 1080s and even the 1060s.

Comments and advice are greatly appreciated. This is purely my opinion on XAUUSD
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