Gold Short Idea. Waiting for picture development.
Updated
Possible sell strategy for gold. Use in combination with your favorite confluences.
*Edit*
The sell zone got tilted somehow between drawing it out and publishing. Sorry about that. It is supposed to sit above the top trendline.
*Edit*
The sell zone got tilted somehow between drawing it out and publishing. Sorry about that. It is supposed to sit above the top trendline.
Comment
The tilted zone worked! We have wick rejection folks. Not the worst setup. RSI divergence as well. Stop goes above recent lower high @ around 1742.5. Entry at 1736.1 puts a single contract at $630 of risk. Use Micro as needed. **This is not advice. Please don't take this trade. I know you will not, but I have to say anyway. Just trying to make it as real as possible while paper trading. I waited patiently on this setup so I'm excited now. Gimme a break.**
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