xauusd,4hour, channel resistance
Gold has met channel resistance and almost fib resistance.
shorting gold@ 2055 for 1815.... stops@ 2085.
looking for 61.8 retracements of this up move from 1670 lows to 2069 highs.
one should even look for trading opportunities that provide a good risk to reward ratio as well.
Trade active ...
Good luck.
shorting gold@ 2055 for 1815.... stops@ 2085.
looking for 61.8 retracements of this up move from 1670 lows to 2069 highs.
one should even look for trading opportunities that provide a good risk to reward ratio as well.
Trade active ...
Good luck.
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