Gold has rallied into the high point of the multi month descending channel and has also been rejected off of the local GP. I believe a short is in store for gold here.
Although I am short, a long scenario is always present. (noted on the chart)
Safe trading friends!
Although I am short, a long scenario is always present. (noted on the chart)
Safe trading friends!
Trade active
Note
Got stopped out, better luck next time!
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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.