GOLD - short the rejection
Gold recently had a takeout against the very strong daily resistance
Swing high to swing low fibonacci retracement level 0.618 matches perfectly with daily resistance
Waiting for gold to come back to daily resistance
If price rejects this level with either a 1h wick or a double top on ltf (m5) - will short down to previous swing low, taking profits at each FIB level
Great R:R
Swing high to swing low fibonacci retracement level 0.618 matches perfectly with daily resistance
Waiting for gold to come back to daily resistance
If price rejects this level with either a 1h wick or a double top on ltf (m5) - will short down to previous swing low, taking profits at each FIB level
Great R:R
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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.
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.