Gold Spot / U.S. Dollar
Short

GOLD Potential Bearish Movement

123
GOLD Potential Bearish Movement

we are waiting for a momentum candle close below 1640.0 to sell this one

Reason:
1- Regular Bearish Divergence on MACD (in red)
2- Objective Trendline (in blue)
4- Resistance / Round number in purple 1700.0 (in purple)

Three confluences are enough to consider Selling GOLD, after a break below 1640.0 (in gray)

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