Nice short set up on Gold. Price has found 4hr resistance at this level which aligns with a previous intraday resistance.
15minute timeframe showing signs of weakness and I am looking for price to drop from here down to the bullish 4hr trendline that I was trading last week.
Stops above the current highs and target profit at $1562 or the trendline, which ever appears first.
Trade ist aktiv
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+100 pips, SL moved to entry price now. Will take some profit later today.