Gold has broken down of the Bearish Flag on Daily Chart and it is currently near the retest area. I will be looking to build up my position for short near 1815-1826$
Order cancelled
Cancelling this trading plan because of the Pennant forming on GOLD on Monthly. Which can invalidate the retest and the shorts trap can act as fuel to pump the Gold upward towards its breakout.
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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.