Gold Double Top
Updated
We just recently broke the Tenkan support line, at this point if you are not already in a shorting position I recommend waiting to see if price hits 1995-1994 before actually entering a position. As of right now there are some solid bearish indicators: Double Top formation, Lagging Line inside of price, 1 day MAJOR resistance level, Broken 4 hr Tenkan, seems pretty overbought.
Note
Started short at 1210, took profit at 1200 waiting for pull back to decide next moveTrade closed manually
Closed the trade today and took profits once i saw the 1 day Hammer forming
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