tanvirankurs

Gold/USD is at Confluence of Resistance

Short
tanvirankurs Updated   
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
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.
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