Potential short for a pullback on gold. Previous structure resistance might act as support in confluence with the .382 retracement (price target 1) for bullish continuation.
Trade geschlossen: Ziel wurde erreicht:
Target 1 executed. Stop Loss rearranged to break even.
Trade geschlossen: Stop wurde erreicht:
Bullish continuation granted. Broke even on Dec. 19th.
Kommentar:
1.272 extension validated. Gold is looking healthy in current market conditions.