GOLD SELL IDEA
Updated
Gold has been bearish for the day, so we looking to follow the trend.
gold will be approaching and minor supply zone, which could send it down ,however we have a demand zone there that has shown strong resistance to take the chart down.
we have broken a previous trendline which is still in play thats why we have that take profit.
what we wait for?
1.Rejection of zone or trendline .
2.Bearish candlesticks patterns
3.High volume of bears entering the market.
i will take sells now to avoid volatility in spreads at 3:30.
gold will be approaching and minor supply zone, which could send it down ,however we have a demand zone there that has shown strong resistance to take the chart down.
we have broken a previous trendline which is still in play thats why we have that take profit.
what we wait for?
1.Rejection of zone or trendline .
2.Bearish candlesticks patterns
3.High volume of bears entering the market.
i will take sells now to avoid volatility in spreads at 3:30.
Note
almost by take profit already!!!!!
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