CELGIB_TRADING

Gold bearish idea again

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
All near support levels was broken this is why we expect sell more bearish pressure after retest till 1581.
Remember the main falling resistance has been respected since 8th of March, as well as the local resistance since 12th August.

If you still willing to buy Gold, wait for the break above the local falling resistance however that do not guarantee for full bullish because of resistance levels of 1684, 1695, breaking 1695 only may guarantee for bullish continuation, after breaking strong falling resistance or foreign resistance.



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