Analysis on SHORTING Gold
These are the signs why I think gold is dropping:
- Hit 38.2 fib and formed a Shooting Star on 1H-chart.
- RSI divergence and MACD crossover on 4H
- Hit 38.2 fib and formed a Shooting Star on 1H-chart.
- RSI divergence and MACD crossover on 4H
Trade active
SELL ENTRY: 1287.59
SL: 1293.01
TP: 1277.91
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Note
The picture above shows the MACD crossover on 4H and Harmonic pattern.
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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.
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.