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CFDs on Gold (US$ / OZ)
Short

GOLD SHORT after rebounding on Triangle pattern and a key trend

By MarjaniFX
Updated
GOLD SHORT after rebounding on Triangle pattern and a key trend-line. (Short-term analysis)
Comment
As a technical analysis: There is a very important Key trend-line on the chart that coincidate with the diagonal of the triangle pattern , GOLD had breaking up this trend once, and come back to touch it, so like EUR/USD that will be no way a big push to the down side :)

XAUUSD Periods and short expectation on Fibonacci retracement
Comment
Very similar analysis to EUR/USD:
EUR/USD Short positions after rebounding on monthly UP RANGE
Comment
Very well done ! Enjoy the profits!
Trade closed: target reached
Chart PatternsGoldTechnical Indicatorsrebounceshort-term-tradeTrend AnalysisTriangle WaveXAUUSD
MarjaniFX

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