XAUUSD [GOLD] SHORTS
Updated
Price was bullish on the daily and we stared to see a retracement on that bullishness.
In other words traders are taking profits on those buys and others are going in on sells and thus causing a retracement. We'll likely see Gold retrace to the current support level formed around $1804.
Stay strapped and control risk🙏🏼📈
In other words traders are taking profits on those buys and others are going in on sells and thus causing a retracement. We'll likely see Gold retrace to the current support level formed around $1804.
Stay strapped and control risk🙏🏼📈
Trade active
Please check the comment section for the entry.Stay strapped and control risk🙏🏼📈
Trade closed: target reached
First target reached. We capitalized with a risk to reward of 1:3.5RStay strapped and control risk🙏🏼📈
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.