Gold: Short the pull back
Updated
Gold has reached the Harmonic Pattern point D, we took profits and closed our shorts.
Waiting for it to pull back to 1223 before shorting it again.
Stop loss at 1235
Waiting for it to pull back to 1223 before shorting it again.
Stop loss at 1235
Note
option 1: RSI divergence, reversal signal?Option2 : butterfly completion?
Is gold approaching reversal?
My money is on option 2, lets see how it goes next week.
Note
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.