GOLD 4-HOUR TIMEFRAME SHORT

٢٦ مايو ٢٠١٩

Gold continues in it's downtrend, as it currently completes a corrective structure towards the 1290 resistance level. I will be looking to short gold around the 1290 area if price action suggests so. Therefore, be on the lookout for bearish engulfing candles or any type of heavy selling close to the dynamic resistance (trendline). A possible target is the 1270 zone. May the bears be will you!!!