SPDR Gold TrustShort
Gold Short
It is a good opportunity to short Gold. Since, it is a parabolic wedge and reaches to Major Resistance level.
1. 80% of the Trading Range Break will fail.
2. The Gold rally is almost without major pullback. Therefore, it is a parabolic wedge. This is the sign of the Buyers, pushing the Price of Gold up.
1. 80% of the Trading Range Break will fail.
2. The Gold rally is almost without major pullback. Therefore, it is a parabolic wedge. This is the sign of the Buyers, pushing the Price of Gold up.
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