JRHFX

GOLD SHORTS

Short
TVC:GOLD   CFD sur Or (US$/OZ)
As you can see from the Chart there has been a nice Hourly Trendline forming with the 0.5 fib level in close proximity, i am quite eager for this to break which will then see price down towards the next psychological handle of 1280 and fib level 0.618, then up to retest the broken trend, 50% fib now resistance and down towards 1273 coinciding with the daily trend coming from the lows of August 2018. Furthermore we may then see a break the daily trendline and 0.786 fib which will then see price move towards $1250.

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