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Fxprotrader
19. Jul. 2016 09:36

Gold Sell Opportunity At The End Of Correction Short

Gold/U.S. DollarFXCM

Beschreibung

Gold is moving in a corrective structure after an impulsive wave to the down. Moving up in this correction it might rach a level where we have strong resistance from previous structure and a the upper parallel of a valid pitchfork. If price reaches this level we should watch for a sell setup and sell gold.

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Kommentare
KhunHunSein

now wait and see ?
btM_Afta
What if makes a break? ...
Fxprotrader
Which way?
btM_Afta
Down. Sorry i didnt reply before.
So Sir. now the Sell Setup move to 1340 area?
Fxprotrader
Although this pattern worked great, i didn't get involved as it didn't enter my sell zone. We should wait now for another setup to complete
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