Short Gold
I'm specting for a big correction in Gold after the Gold has formed a triple top and failed to rise the uptrend channel. I will see the behavoir for the next days before take this trade. If there will be a bullish candle in the zone I beleive gold could be to historicals higher; meanhile I think this time is for a huge correction.
Note
A big wave it's comingNote
Yesterday the gold start to fall and today has a great retracement to .618 fibo so it's good time to re-enter the trade. Trade closed: target reached
After FOMC I close the trade with a bit of profit
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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.