Bearish Gold

Price is below Kumo for a long time and showing bearish biasness.
My trade idea is short with SL-1173.90
R2R- 1:1,1:2,1:3

Good luck!!!!

Kommentar:

SL was hit because of intermediate retracement.
Will wait for reentry till price goes below the lowest low of past five candles i.e. between 1160-1156.

Trade ist aktiv:

Trade is doin well.Fed rate hike has driven gold even lower....expect the bear to continue in control.

Trade geschlossen: Ziel wurde erreicht