Short GOLD in 1H ?
Harmonic pattern on the way. The retracement CD will need to go above the B mark. Then, it will probably hit the yellow trendline at D (1835) . Take the trade when it is ABOVE the mid line red on the pitchfork . 200 and 100 EMA confirms that it will probably go short again. However, don't forget that it will go LONG in longterm.
What you guys think? Let me know in the comment.
good trade!
What you guys think? Let me know in the comment.
good trade!
Note
Also, there will be a resistance level at 1834.5. It will not break it.Order cancelled
CD have not break B. That's not an harmonic pattern.
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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.