Short on Gold, Limit Order
Potential Shorts on Gold from 1673-75
Gold is showing Bearish commitment, Price may retrace to 1653.71 - 1655.69 (Potential Liquidity grab at 1658-60).
On Daily TF price closed below 1655.69 confirming TP 1611.88
This is the last week of the Month so M candle is looking to close, anything can happen, But If M Candle closes below 1620 which is current TP we may even see 1540 Maybe
If 1620 holds Gold can retrace to 1670-75 before next leg down to 1578-1534
Happy Trading Guys..
Gold is showing Bearish commitment, Price may retrace to 1653.71 - 1655.69 (Potential Liquidity grab at 1658-60).
On Daily TF price closed below 1655.69 confirming TP 1611.88
This is the last week of the Month so M candle is looking to close, anything can happen, But If M Candle closes below 1620 which is current TP we may even see 1540 Maybe
If 1620 holds Gold can retrace to 1670-75 before next leg down to 1578-1534
Happy Trading Guys..
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.