Gold is respecting a well- defined downward parallel channel repeatedly rejecting the upper trendline (see red arrows) the price has once again touched the top of the channel around 3317
signaling a potential short opportunity.
TRADE IDEA: Entry point 3317;
TARGET: 3260;
Strategy Summary: Sell the rally, ride the channel'
this idea offers a clean short setup with low risk and high reward
Watch for conformation candles before execution.
If you like our work please like, comment, and share ;
TEAM: PRICE ACTION MATRIX
signaling a potential short opportunity.
TRADE IDEA: Entry point 3317;
TARGET: 3260;
Strategy Summary: Sell the rally, ride the channel'
this idea offers a clean short setup with low risk and high reward
Watch for conformation candles before execution.
If you like our work please like, comment, and share ;
TEAM: PRICE ACTION MATRIX
Note
Trade active
Trade closed: stop reached
JOIN MY FREE FOREX & GOLD SIGNALS TELEGRAM CHANNEL
t.me/+wX1pwTyx-0VmODI0
USER𝐍AME. @XKing05
t.me/+wX1pwTyx-0VmODI0
EXNESS BROKER : one.exnesstrack.net/a/iok5e2yuvx
t.me/+wX1pwTyx-0VmODI0
USER𝐍AME. @XKing05
t.me/+wX1pwTyx-0VmODI0
EXNESS BROKER : one.exnesstrack.net/a/iok5e2yuvx
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.
JOIN MY FREE FOREX & GOLD SIGNALS TELEGRAM CHANNEL
t.me/+wX1pwTyx-0VmODI0
USER𝐍AME. @XKing05
t.me/+wX1pwTyx-0VmODI0
EXNESS BROKER : one.exnesstrack.net/a/iok5e2yuvx
t.me/+wX1pwTyx-0VmODI0
USER𝐍AME. @XKing05
t.me/+wX1pwTyx-0VmODI0
EXNESS BROKER : one.exnesstrack.net/a/iok5e2yuvx
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.