XAUUSD- GOLD – BEARISH
Gold OANDA:XAUUSD
Hi Traders, Gold seems to Bearish. Following:
1- Series of LH and LL
2- Formation of Bearish FLAG Pattern
3- Trendline rejection
4- FIB 0.382 Golden Level rejection
5- IF the market break the 1st pole of Bearish Pattern, it can easily test next Daily support level as market. keep your STOP LOSS above the LH of FLAG.