Gold/USD is at Confluence of Resistance
Gold/USD is at Confluence of Resistance & this creates a nice short setup on this pair.
The Confluences are:
# Pitchfork Resistance
# 61.8% Fibonacci Resistance
# Bearish Harmonic Resistance.
Confirmation for Short Setup:
# MACD is diverging in multiple timeframe
# Stochastic RSI is "Over Bought" in multiple timeframe.
My Facebook Page: facebook.com/thunderforex/
The Confluences are:
# Pitchfork Resistance
# 61.8% Fibonacci Resistance
# Bearish Harmonic Resistance.
Confirmation for Short Setup:
# MACD is diverging in multiple timeframe
# Stochastic RSI is "Over Bought" in multiple timeframe.
My Facebook Page: facebook.com/thunderforex/
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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.