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Gold Bearish Reversal Opportunity
CFDs on Gold (US$ / OZ)
Short
Gold Bearish Reversal Opportunity
By SalaarBT
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Aug 15, 2024
4
GOLD is near a key all time high resistance zone. A potential Bearish reversal may occur if the price breaks the previous Higher Low.
Bears may eventually face a strong resistance zone around 2323 till 2266. Till then, opportunity may be seized.
Trade Plan
Entry @ 2430
Stop Loss @ 2490
TP1 @ 2370
TP2 @ 2310
No. of Trades: 2
Move SL to Break Even if TP1 hits.
Chart Patterns
Technical Indicators
Trend Analysis
SalaarBT
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