Gold : Bearish Crab
Updated
Potential short for a pullback on gold. Previous structure resistance might act as support in confluence with the .382 retracement (price target 1) for bullish continuation.
Trade closed: target reached
Target 1 executed. Stop Loss rearranged to break even.Trade closed: stop reached
Bullish continuation granted. Broke even on Dec. 19th.Comment
1.272 extension validated. Gold is looking healthy in current market conditions.
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