GOLD:bears seem to gather strength for the next push lower SHORT

Short

Gold Spot / U.S. Dollar (FOREXCOM:XAUUSD)

Updated

FOREXCOM:XAUUSD Gold Spot / U.S. Dollar

Trend Analysis Technical Indicators Chart Patterns XAUUSD xauusdshort Gold goldtrading signals signal forexn1 isoforex Contains image

trendanalysis indicator chartpattern xauusd xauusdshort gold goldtrading signals signal forexn1 isoforex containsimage

As described yesterday, the price inside isA bearish channel and pullback on the 61.8% Fibo Area made a new push down in the direction of the main trend. Today the price may continue to drop in accordance with our indicator, ISOFOREX. So, the gold price is looking to extend the downtrend for the third straight day this Wednesday to the next support zone.

Comment:

- YESTERDAY

GOLD: Price Rebound on 61.8% FIBO AB=CD As PredictYesterday.

Comment:

- TODAY

snapshot

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