Xauusd has everyone on ropes

9 בנוב׳ 2021

Gold is sitting just on resistance. H4 is in oversold aswell as H1 and M30 being in oversold on rsi. I see gold dropping from here and everything is pointing to a good drop. If gold does breakout from here which we should consider i can see a big bullish run as gold has broken out the triangle pattern its been in for a while now. As of now my game plan is holding my shorts from here untill 1780 atleast.