GOLD-ROCK : In my weekly chart i observe a long term bearish channel from 2007-251.115 and into 2009-118.822 that has formed a bearish Downtrend channel intact. I expect price to hit first target 147 and second target 137 ahead. Place SL at 153.9 and short it down. Trade safely and Gd-Luck Buddies. Gold-Rock.
Trade active
Short it down at 153.2--153.35 at any point in this range and TP first target 147 and second target 137. Place SL at 153.9. Cheers.Trade active
with shorts taken from 153.7-153.35--153.2 you can add further at 153 and make profits towards 147--137 longer term. SL you can place at 153.9. cheers.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.