Price has almost reached 50% retracement of downside,
and AB=CD pattern is likely formed.
So,After take a perfect profit,we will try to short Gold at this level,
stop loss level @ 1983.20 up.
and AB=CD pattern is likely formed.
So,After take a perfect profit,we will try to short Gold at this level,
stop loss level @ 1983.20 up.
Note
Note
Things changed,but still on bearlish side.
So,change the s/l,as picture.
Ending diagonal,let's hold the position.
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Related publications
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.