GOLD SHORT IDEA
Annotations made in the chart
Price has taken a swing low in London Open,
any net short trader has been squeezed in the rally higher, accumulation of short positions above 1850.33 could be ideal for shorts to enter. i anticipate a run on Asia low. we have had a shallow run on Asia lows.
I anticipate attacking Asia sell stops of any net long trader as price delivers lower
Partial annotations made on the chart
final draw could be 1843.28
Price has taken a swing low in London Open,
any net short trader has been squeezed in the rally higher, accumulation of short positions above 1850.33 could be ideal for shorts to enter. i anticipate a run on Asia low. we have had a shallow run on Asia lows.
I anticipate attacking Asia sell stops of any net long trader as price delivers lower
Partial annotations made on the chart
final draw could be 1843.28
Note
1844.271844.01
1845.75
would be ideal exit targets before the main target is achieved
Note
1845.30 heavy partialsNote
I anticipate a massive impulsive drop below Asia lows , could be great bearish confirmationNote
1849.09 potential area for re-accumulation of shortsTrade closed manually
Note
Re-entry on the same level 1850.33
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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.