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Hesro

xauusd:Gold can fall at any time

Short
Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)  
Hesro Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Fibonacci xauusdshort xauusdsell xauusdforecast fundamental-analysis goldminers goldtradingsetup goldmansachs goldman
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trendanalysis fibonacci xauusdshort xauusdsell xauusdforecast fundamental-analysis goldminers goldtradingsetup goldmansachs goldman
snapshot
At present, gold is at risk of a correction. The hourly chart trend line shows that gold is showing a downward correction trend.
So at present, I suggest that we should open a short gold position here in 1978-80.
The lowest target below can be seen to be around 1950, and the stop loss does not need to be large, just above 1985.
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