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Dave-FX-Hunter

Gold is bearish !!

Short
Gold Spot / U.S. Dollar (OANDA:XAUUSD)  
Dave-FX-Hunter Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis Gold XAUUSD short XAU USD Supply Zone Demand Zone VSA
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trendanalysis chartpattern beyondta gold xauusd short xau usd supplyzone demandzone vsa
Gold was rejected on strong supply zone. And thanks to the strong USD is droping now. I will wait for daily TL break and absorbation of demand zone. Than I will short it on the new created supply. Target is 1312 where I will close part of trade and lets see if the market will dorp to the weekly demand around 1260.
Comment:
Gold tested trend line and is bouncing
Trade closed: target reached
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