2009 WKP1 GOLD sell bias

Hello traders,

GOLD has not made its strong will to go last week. But it kept moving in a small range that still following the weekly triangle and daily downtrend channel.
On this weekly chart, it can go either way, up or down.
On this daily channel, it looks more likely to test 1900 soon.

So we have to take DXY into consideration now.
It looks like the broken red trend line has been retest once. It might be suppport DXY up again from there to test 94 soon.

So we prefer to sell GOLD with the channe as the weekly chart would need a whole week to finish a can. And daily chart could be easier to find out more clues.

Good luck on selling GOLD.
LESS IS MORE!

Operación cerrada: objetivo alcanzado

Operación cerrada: objetivo alcanzado