Gold Spot / U.S. Dollar
Short
Updated

Gold Sell Position

227
Based off daily charts.

Confirmations - previous day heavy bearish + no bottom wick on daily candle + has not grabbed enough liquidity to drive up.

Looking to short gold.

Wick entry.

Every time we rejected , we needed to tap minimum 2156.

SL above previous 4hr high low.

Partials along the way.

Trade is invalid if level is not tapped before the daily candle flips.

Trade active
Got in early at 2169.696 due to bullish pressure slowing down
Trade active
SL TO BE on daily flip as it is struggling
Trade closed manually
Closed 50% partials at 2164.71. Letting the rest rock to TP or SL
Trade closed: stop reached
Stopped at BE. Secured 3% for the day
Note
Looking to see if trade will play out

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.