Short

Gold 12h TF opportunity again

Aktualisiert

I closed the last post about gold short opportunity. But it is back, Check the 3 trendlines, gold may form a sideway among them, then break down to drop, personally, I will wait for the price retest 1723, then resist by the downside trendline, if do so, get in the trade when price breakout. I will update later when the opportunity is coming.

Anmerkung

Wait for the hourly close, the half position may be triggered.

Anmerkung

Price pattern doesnt look good, I wont take any trade today, wait for tomorrow to see if any better signal appears.

Anmerkung

Nothing changed, just waiting for the pullback to enter the trade

Anmerkung

If you have the resource, please check the GC price, when price pull back to restest, 1711, the gold spot should be around 1695-1701, that will be a good time to short gold for around $100-$150 downside movement. Let us see what will happen next Tuesday or Wednesday, currently, the entry point is on 2h/3h TF, we need more confirmation signal

Anmerkung

Point is coming, be patient

Anmerkung

Check the next 2-3 hours close, we may have the chance to start shoring gold for next 2-4 weeks

Trade ist aktiv

Order placed, 1695
SL:1705
TP1: 1620, tp2: 1580, tp3: 1500

Anmerkung

The short position does not move very well, let us see the next 3-4 hours, if the price wont go down more, we may close 1/3 position

Trade wurde manuell geschlossen

Price rejected to move down

Anmerkung

I still have 1/3 opening position, wait for the London time

feener

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Gold 12h opportunity

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