Saif_R

XAUUSD POTENTIAL PUSH DOWN

Short
Saif_R Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello Everyone, Hope you're enjoying weekend

In my earlier analysis I have posted possibility of bearish momentum :



Now god willing price has reached on a very interesting zone, What I am looking at is potential double top, ascending channel and bearish price action on LTF,

More interesting part in this analysis is that we have very small risk and very big reward,

I want you to understand that this push down will not be strong as bullish momentum since it is going to be all corrective phase, but yeah all you stuck in selling could possibly get out safely.

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