Gold - Sell a break of $1800.
Updated
Gold - Intraday - We look to Sell a break of 1788.4 (stop at 1805.5)
We look for losses to be extended today.
Prices are extending lower from the bearish flag/pennant formation.
We can see no technical reason for a change of trend.
A break of 1800 is needed to confirm follow through negative momentum.
Our outlook is bearish.
Our profit targets will be 1736.6 and 1712.6
Resistance: 1810.0 / 1830.0 / 1850.0
Support: 1800.0 / 1770.0 / 1740.0
We look for losses to be extended today.
Prices are extending lower from the bearish flag/pennant formation.
We can see no technical reason for a change of trend.
A break of 1800 is needed to confirm follow through negative momentum.
Our outlook is bearish.
Our profit targets will be 1736.6 and 1712.6
Resistance: 1810.0 / 1830.0 / 1850.0
Support: 1800.0 / 1770.0 / 1740.0
Order cancelled
Trade wasn't filled intraday
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