Selling Gold at breakout
Updated
Three reasons why I see sells potential:
1. at Daily timeframe price just rejected strong weekly resitance forming triple top pattern.
2. Clear double top at 2058 level.
3. Once price breaks support with momentum it may drop down to 2033
1. at Daily timeframe price just rejected strong weekly resitance forming triple top pattern.
2. Clear double top at 2058 level.
3. Once price breaks support with momentum it may drop down to 2033
Trade closed: target reached
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.