currently shorting gold at this level. There is a bearish head and shoulders pattern. previous support has flipped to resistances. My Targets are 1912, 1884, 1860
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full disclosure, i'm long calls on DUST (not trading or investment advice, please do your own due diligence)
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monitoring 1919.800 level, will likely add more to my short w/ a retrace of this level
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monitor for a reversal of the IHS pattern, they want to trap and bait bears holding into the close or overnight
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the AD/Money Flow is in an apex on 5min chart. I'm watching for either 1927 or a collapse from the apex..
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like watching paint dry (still short) ready to hedge my DUST calls, looking out for all traps. this also can be flipped into a bear flag
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15min chart, I do see a bear flag set up
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saving some ammo for a possible 1930 short
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Now monitoring to see if NY (shorts) can take out this level of 1923.4
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AD breaching 1923.4, and if it breaches the 200 MA (shorts regain full control of price action)
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if this holds true, gold should dump and DUST retest 12.70
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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.