GOLD:SHORT from 61.8% Fibo Dynamic Trendline,Take Profits! SELL

The Gold, following exactly our last forecast, after a pullback on the 61.8% Fibonacci in confluence with the dynamic trendline plus the resistance area, the price fell dramatically in the direction of the main trend, a bearish one. The price after retesting the support the value 1760 leaving back any opportunity to have a bullish impulse given us a confirmation for the continuation with the help of the 50 Moving average that has worked like a "lighthouse" for the direction, the clues from the Divergence from Stochastic indicators and RSI was reliable. Our idea based on the technical analysis in this Swing setup scenario is a winning one. The price will reach our targets very soon..

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