GOLD: Potential Short
Updated
potential short trade on GOLD.
on 4h we see a very nice bearish engulfing candle.
on 1h we see a head and shoulders pattern formation.
IF 1H candle closes below the neckline, for us it will be a signal to sell the market.
T1 - 1448
T2 - 1435
IF the market sets new higher high the order will be canceled and setup will be invalid.
Order cancelled
Invalid setup
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