Gold 15m leg starts
If you think Gold's momentum is slowing then you'll like this.
B lost the low between A and C. I'm targeting the untested open near B as a safer play, but if the smack looks strong, the Aggressive target from the larger leg down may come into play.
B lost the low between A and C. I'm targeting the untested open near B as a safer play, but if the smack looks strong, the Aggressive target from the larger leg down may come into play.
Trade closed: stop reached
A look at the weekly chart shows Gold is popping from a weekly level.Shorts can still work but they need to be stronger levels with safer targets.
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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.