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dnsmith

Gold - Short!!! It's a possibility

Short
Or / Dollar Américain (OANDA:XAUUSD)  
dnsmith  
OANDA:XAUUSD   Or / Dollar Américain
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Gold is extremely bullish, but has had multiple attempts to break through the 1350 zone without any luck.

Just a possibility - we may see gold pullback before a bigger bullish move. One scenario was the short term support breakout (back to 1400 and then retest at the 1440 zone).

TP1 - 1400 zone (short term support zone)
TP2 - 1340-1360 (Previous Support/Resistance area)
TP3 - 1300 - 1320 (Weekly Support)
TP4 - 1260 zone (Monthly support area)
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