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AnasRathore

GOLD: Very close to a big Rejection..!!!!!

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
AnasRathore  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Chart Patterns
4
0
trendanalysis chartpattern
Gold is at high resistance point and is at 61.8% fibonacci retracement. I expect a strong rejection at this point and I am bearish for the near-term and targeting 1220-1200 area.

Trading Recommendations: SHORT at 1274, with stop loss at 1290. Target at 1225.

Good Luck
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