adamajamis

Gold Sell

Short
FX:XAUUSD   Oro / Dollaro
Expecting gold to go down quite a bit now. As its currently going in a downward trend its just come under my 200 ema which usually means sell. its also failed to break my 1498 zone for some time now. I have first TP at 1477.45 and second TP at 1457.35 if it finally breaks range and continues its downtrend. I have SL at top of the range 1498.72 but hopefully goes my way. This chart was based on looking at 4 hour and daily chart. like and share any comments you have about my analysis would be appreciated.
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