Short Idea
I'm not a professional trader, but if we are just using price action, momentum and a simple trendline and Fibonacci, I'd say this is a likely short. I don't personally trade gold, I trade GBP/JPY, but I decided to just make a little idea for my trading journal :)
Note
My TP on demo is 2318 :)Note
1M and 5M low broken, so far in profits :)Note
To add confluence, News is on our favor :)Note
*in our favor :)Note
Used the 0.75 level instead, understandable
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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.