I'm bearish on GOLD
Updated
#GOLD Analysis
Description
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+ As you can see in the chart, GOLD price got rejected at the resistance line once.
+ Now the price is heading back to the resistance line again.
+ I'm expecting the price to get rejected again at the resistance. if the price gets rejected again then we have a good chance for a short trade.
+ I'm planning to enter the short trade after clear rejection.
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VectorAlgo Trade Details
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Entry Price: 2016.44
Stop Loss:2024.40
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Target 1: 2011.89
Target 2:2003.57
Target 3:1995.06
Target 4: 1984.37
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Timeframe: 1H
Capital: 1-2% of trading capital
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Enhance, Trade, Grow
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Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
VectorAlgo
Description
---------------------------------------------------------------
+ As you can see in the chart, GOLD price got rejected at the resistance line once.
+ Now the price is heading back to the resistance line again.
+ I'm expecting the price to get rejected again at the resistance. if the price gets rejected again then we have a good chance for a short trade.
+ I'm planning to enter the short trade after clear rejection.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 2016.44
Stop Loss:2024.40
------------------------------
Target 1: 2011.89
Target 2:2003.57
Target 3:1995.06
Target 4: 1984.37
------------------------------
Timeframe: 1H
Capital: 1-2% of trading capital
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Agree or Disagree with the ideas ? lets discuss in the comments.
Like and follow us for more ideas.
Regards
VectorAlgo
Order cancelled
Did not reach out entry price
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
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