Potential Sell position for Gold

٢٤ فبراير ٢٠٢١

Later this week and the start of next, we will be looking for Gold to throw a reversal on a smaller timeframe for a short position. We can see gold reversed on this week's Fib and support, headed towards our resistance on our Daily bearish flag. We have 2 potential trendlines for gold to reverse on and our Fib's 0.27 zone. TP will be on small support and we will look for a break to expand!
Thanks and send me your analysis!