As you can see before the NFP big bullish candle came out,there is a downtrend channel ,it is an obviously bullish sign .
and now gold come into an uptrend channel,so that we can surmise that gold will go into a bearish trend soon
another reason i short it because gold has met the 0.618 resistant
and now gold come into an uptrend channel,so that we can surmise that gold will go into a bearish trend soon
another reason i short it because gold has met the 0.618 resistant
Note
Note
Head and Shoulder pattern formed in 30 min chart, another clear bearish sign , sell the breakoutNote
Note
Channel broken , sell it immediatelyNote
if u wanna profitNote
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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.