Golds technical structure looks favorable for day/swing trades for now. Today I reentered short on the CPI jump and I am looking for the lower targets that are noted on the chart with a green arrow. I then plan to reevaluate the TA and then I may go long off of one of the two green arrow targets. I will update this post directly or update my plan in a new post.
We are now trending down, so lets make our life easier and trade with the trend!
Set your alerts, and happy trading!
We are now trending down, so lets make our life easier and trade with the trend!
Set your alerts, and happy trading!
Note
I have gone short, long (off the first green support) and short again between the time of posting and now. I plan to hold the current short from $1844 to around $1807-1800.Note
Still short, looking for 1,800Trade closed manually
Note
Got out, can see a small jump near-term, re-shorting around $1835-1845 depending on timing
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.