The bearish activity seen today definitely opens up some potential bearish continuation.
Trade closed: target reached
I think thats enough gold trading for now. Ill be waiting on consolidation before I go short again. I think we have quite a lot of downside to goNote
I think we get a reversal at $1208. Might consider going long at that priceNote
I have stops at $1200.00 and Take profit at $1240 (which I will adjust once I see some bullish activity)
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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.