GOLD- 0.618 shrot
Updated
Gold
The double top formed and
the 0.618 is around the neckline.
So we wait for the pull back,
then short at 1357
SL: 1362
TP: 1352/1346/1340
The double top formed and
the 0.618 is around the neckline.
So we wait for the pull back,
then short at 1357
SL: 1362
TP: 1352/1346/1340
Comment
Perfect resistance showed upGold pull back to 1357 then drop well
Now the first TP hits, and getting closed to second TP .
Trade closed: target reached
Perfect short!Three targets hit.
We can close it or take some profit.
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.