The chart reflects a bullish trend, but the trader who created this might expect a short-term pullback.
• It’s likely a sell setup with risk defined by the red stop-loss level and reward target near support.
• Traders using this might be betting on gold rejecting resistance and falling to previous support.
• It’s likely a sell setup with risk defined by the red stop-loss level and reward target near support.
• Traders using this might be betting on gold rejecting resistance and falling to previous support.
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.
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.