Our bearish conviction on gold have been lit up again today at the close. The weekly tenkan is sloping down putting pressure on price. We also have a potential HnS coming up. We added a small size to our already bearish chunk. The immediate price magnet is the weekly kijun around the 1870-74 zone so we out our TP there.
Entry: 1907
SL: 1920
TP: 1874
RR: 2.7
Position sizing is critical especially when adding.
Entry: 1907
SL: 1920
TP: 1874
RR: 2.7
Position sizing is critical especially when adding.
