CFD sur Or (US$/OZ)
Short

SHORT GOLD

197
Hi everyone, bearish analysis on gold, time frame at one hour. RSi's bearish divergence on the a-b-c corrective movement.
RSI continues to decline without making any bullish divergences on the movement, confirming the bearish continuation in the short term.
On a larger time frame, we are currently in a phase of congestion, from the end of January, between 1370 and 1300. This phase also seems to belong to the final phase of a larger triangle, with long-term bullish prospects.
Target and stop loss are taken from the support and resistance levels marked by the flags.

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