Gold - Lovely Pin formed - SHORT
I'm short on gold until the 50% fib levels where there is major support from 1295 - 1305, where I will either be looking to go long, or continue on down towards 1285.
We currently have a nice long tail on the pin bar at a major level of confluence, the RSI and volume is declining and we have a huge amount of strength in both US indicies and although a slight pullback on the DXY, it's bullish on the US dollar.
Stop loss above the pin after seeing what the market is doing.
Happy hunting
Christopher
We currently have a nice long tail on the pin bar at a major level of confluence, the RSI and volume is declining and we have a huge amount of strength in both US indicies and although a slight pullback on the DXY, it's bullish on the US dollar.
Stop loss above the pin after seeing what the market is doing.
Happy hunting
Christopher
Trade ist aktiv
Kommentar:
Trade is progressing slowly, but perfectly
Trade ist aktiv:
I'm still active, but I've covered my profits with a stop loss and taken some profit, looking to move further down to 1283.
Trade geschlossen: Ziel wurde erreicht
Kommentar:
You can continue to be short on Gold, I've added an update here.
