Gold Swing Short signal besides US Bonds throwback possibility
Updated
Here we can we another lower high developed on gold with a cross candle stick pattern. It is very alike (to the inversion of) the latest daily candle of the US10Y bonds which is near a support area and can be the start of a throwback there and push gold further down.
The break of 1930$ support can lead to 1910$ which is 100% of the 2000$ till 1950% move and also the 50% retrace of the 1800$ till 2000$ move. Monday shall give more information.
Targets on the chart:
Entry: 1977$
SL: 1995$
TP: 1930$
The break of 1930$ support can lead to 1910$ which is 100% of the 2000$ till 1950% move and also the 50% retrace of the 1800$ till 2000$ move. Monday shall give more information.
Targets on the chart:
Entry: 1977$
SL: 1995$
TP: 1930$
Trade active
Entry point reached & activated trade.Bonds also moving in our favor.
Trade closed: stop reached
nfa & dyor
Invest Smart!
Invest Smart!
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