Gold 4 Hr Short
Gold has been in uptrend but now it seems to be losing its momentum. According to cyclic patterns it top to top duration is completed so now the bulls should take some rest. Enjoy the ride
Bulls Points:
1. UPTREND
Bears Points:
1. 1800.00 Resistance level respected
2. Fib Resistance level 0.5 at 1807.55 Respected
3. Three black crows
4. Time cycle from TOP to TOP is completed
5. Rising wedge pattern is breaking
Bulls Points:
1. UPTREND
Bears Points:
1. 1800.00 Resistance level respected
2. Fib Resistance level 0.5 at 1807.55 Respected
3. Three black crows
4. Time cycle from TOP to TOP is completed
5. Rising wedge pattern is breaking
Penafian
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