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GOLD SELLERS WILL DOMINATE THE MARKET|SHORT

Short
Or / Dollar Américain (OANDA:XAUUSD)  
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OANDA:XAUUSD   Or / Dollar Américain
Trend Analysis Chart Patterns Wave Analysis Gold short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

GOLD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2039.203 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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