PULL BACK STRATEGY
As I mentioned before , if Gold price couldn't form above 1220, we could see a bearish trend to test again the support around 1180-1200. In my opinion , we could short again at price 1222 with FIBONACCI Retrace 50% (OPTION 1) with confirmation, else (Option 2) We can short at FIBONACCI Retrace 61.8% at price 1212 with confirmation. Give me a Like if you think my idea is Awesome;D
As I mentioned before , if Gold price couldn't form above 1220, we could see a bearish trend to test again the support around 1180-1200. In my opinion , we could short again at price 1222 with FIBONACCI Retrace 50% (OPTION 1) with confirmation, else (Option 2) We can short at FIBONACCI Retrace 61.8% at price 1212 with confirmation. Give me a Like if you think my idea is Awesome;D
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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.