Forextuitions

GOLD SHORT TRADE SETUP

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
The 4 hour right side is up against 8/16/2018 low (1159). 1 hour is turning down against 1739 high. Near-term, while bounces fail below 1739 high expect Gold to extend lower to correct the cycle from 8/16/2018 low in 3, 7 or 11 swings before upside resume.

SHORT GOLD

@1700-1704

TP: 1680
SL: 1715

GOOD LUCK !

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