Gold shorting Idea unless
Technically, gold is now in the area which I personally wanna look for sell.
Unless the war news keeps pushing gold higher.
I didn't approach gold lately for several reasons, personally because of the war sentimental was creating a crazy bullish momentum which will be a suicide if we trade against it. Secondly, i was waiting gold to reach the down TL again for double supply zone. I know that several traders tried to look early sell as a retracement but it didn't happen.
Now, on a Daily HTF, gold has filled the FVG and spiked slightly a bearish clean -OB.
In a 4H we also have a double OB inside. If price passes 1929, I would definitely stay away from gold.
But be super careful and don't take my word for it.
Double check any trend reversal signs on LTF for entry.
Good luck.
Unless the war news keeps pushing gold higher.
I didn't approach gold lately for several reasons, personally because of the war sentimental was creating a crazy bullish momentum which will be a suicide if we trade against it. Secondly, i was waiting gold to reach the down TL again for double supply zone. I know that several traders tried to look early sell as a retracement but it didn't happen.
Now, on a Daily HTF, gold has filled the FVG and spiked slightly a bearish clean -OB.
In a 4H we also have a double OB inside. If price passes 1929, I would definitely stay away from gold.
But be super careful and don't take my word for it.
Double check any trend reversal signs on LTF for entry.
Good luck.
Trade active
Trade closed: stop reached
Sorry, can't cope with the bullish momentum.
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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.