Sold Gold@2002, looks like it might reach 1920 this week.
Updated
Hello traders, for those who are following me, you already know
that I entered multiple sell positions in XAUSD on Friday betwen
2001-2005. All the sell entries are in over 400 pips profit. I already
published two idea on Friday and also yesterday, where I recommended
selling Gold.
Based on the daily chart, it seems Gold has peaked and the bearish momentum
is very strong. Of course, I am continuing to take partial profits on my short
entries. However, there is a strong chance of Gold reaching 1920 this week.
So, my idea is to sell the rallies in Gold if price reaches the resistance zone again.
that I entered multiple sell positions in XAUSD on Friday betwen
2001-2005. All the sell entries are in over 400 pips profit. I already
published two idea on Friday and also yesterday, where I recommended
selling Gold.
Based on the daily chart, it seems Gold has peaked and the bearish momentum
is very strong. Of course, I am continuing to take partial profits on my short
entries. However, there is a strong chance of Gold reaching 1920 this week.
So, my idea is to sell the rallies in Gold if price reaches the resistance zone again.
Note
Good still looks bearish, selling the rallies is logicalNote
Price breaking below 1955 will open the door towards 1920Note
Still bearish and selling the rallies is my planNote
Falls below 1950, sell from last friday in huge profit now
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