ProfitClubFX

GOLD | Rejection from strong resistance.

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
FORECAST: Price was rejected from previous strong resistance and continue making downtrend wedge also FIBP 61.8 confirmed the same, so we can expect a temporary Short here with a target of 1836.

Many confluence confirmed Downtrend

Thanks to all those who have followed me and liked my post.
Special thanks to all those who DM me and commented on my analysis wanting to know more about the trade.

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.