Although I am uncertain about the overall trend of gold at the moment, I have identified a brief intraday setup on the 4-hour chart. The gold price has reached the resistant level on the H4 chart, and I am waiting for the formation of a double top or a higher high on the H1 chart. In such a scenario, we can consider shorting gold.
roughly can do
Sell limit at $2055
SL 2066
Tp at 2013
roughly can do
Sell limit at $2055
SL 2066
Tp at 2013
Trade ist aktiv:
Sell Confirmation $ 2053
SL $2062
TP $2013 or hold first
SL $2062
TP $2013 or hold first