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Gold Futures
Short

Gold hits a Wall.

88
Channel coincides with previous pivots from 2012 and with 0.618 Fib also with oversold oscillators suggest its a top. So just short it with tight stop, R:R is nice. BTW I'm bullish on GOLD for coming years. A retracement to Movings averages is a DIP, so position yourself accordingly.
rishiisal
Beyond Technical AnalysisTrend AnalysisWave Analysis

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Beyond Technical AnalysisTrend AnalysisWave Analysis
rishiisal

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.