Short Gold
Updated
Currently looking to short gold around 2440, sometime early this week.
The market is currently range bound with a clouded fundamental picture as we await the Fed's decision as to whether or not they will be cutting rates this September.
Gold has priced in some of this fundamental event by its recent upswings, but by how much is still in question.
Confluences:
78.6% fibonacci
200% extension of the current impulse (seen on H1 and up) move overlapping the 78.6% mark
Using TDI M30 Sharkfin for entry confirmation
Trade safe, catch you later traders ▲
The market is currently range bound with a clouded fundamental picture as we await the Fed's decision as to whether or not they will be cutting rates this September.
Gold has priced in some of this fundamental event by its recent upswings, but by how much is still in question.
Confluences:
78.6% fibonacci
200% extension of the current impulse (seen on H1 and up) move overlapping the 78.6% mark
Using TDI M30 Sharkfin for entry confirmation
Trade safe, catch you later traders ▲
Order cancelled
Trade cancelled, as price dipped too low during ASIA, meaning pullback already made from the high created at the end of last week. Awaiting next short at 2472. Good idea to be looking for longs for now. 
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