Gold has risen for a period of time, so doing short is actually a contrarian order
But the current price is in a triangle pattern and candlesticks also show some bearish signals
If the price backtests resistance level, can try short order w smaller position
Just personal opinion, not investment advice!
But the current price is in a triangle pattern and candlesticks also show some bearish signals
If the price backtests resistance level, can try short order w smaller position
Just personal opinion, not investment advice!
Trade active
Note
If you did entry,adjust SL below your entry price to protect profit
Note
can take some profit, current RR around 1:1Trade closed manually
If you did adjusted SL below entry price,order should be closed automatically
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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.
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.