Bearish indications:
Major resistance respected in gold at 2051 and expecting a fall.
Support has broken in 30 min time frame and unable to make new highs.
Bearish engulfer candle from resistance in day time frame.
Double top formation.
Trade plan bias short @ 2037
SL:2052
TP1:2023
TP2:2011.2
Major resistance respected in gold at 2051 and expecting a fall.
Support has broken in 30 min time frame and unable to make new highs.
Bearish engulfer candle from resistance in day time frame.
Double top formation.
Trade plan bias short @ 2037
SL:2052
TP1:2023
TP2:2011.2
Trade closed: stop reached
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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.