Here we go again with gold. What a stubborn little metal it is.
But we are going to short it. Honestly there is just way too many confirmations for us to do so. That Double Top target nicely lands in a zone of H4 demand and that should give us. But if you are not aggressive I suggest you wait for a break and retest of the neckline -i.e the support I have highlighted.
Good luck.
Risk before reward = consistent profitability :)
But we are going to short it. Honestly there is just way too many confirmations for us to do so. That Double Top target nicely lands in a zone of H4 demand and that should give us. But if you are not aggressive I suggest you wait for a break and retest of the neckline -i.e the support I have highlighted.
Good luck.
Risk before reward = consistent profitability :)
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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.