Gold has been on a down trend since July. With the recent pin bar at key S/R, there is a good probability for the trend to continue down. I am looking to sell if the market reaches the 1150-1165 zone and there is clear price action. There is also a confluence of Fibo lines very close to S/R, another strong sign that this is an area of high interest. Be patient,...
As the UK100/FTSE reaches its historical high at 7127, I am looking for a clear opportunity to short and scale out potential profits at clear S/R points.