GOLD SHORT
TODAY I WANT TO SHOW YOU MY GOLD SHORT GOLD SETUP.
WE CAN CLEARLY SEE THAT 1910 IS AN IMPORTANT LEVEL OF RESISTENCE. I WANT TO SEE WHERE THE NEXT H4 CANDLE WILL CLOSE. IF THE CANDLE WILL CLOSE ABOVE THE RESISTENCE I WILL OPEN A SHORT POSITION, ON THE OTHER HAND IF THE NEXT CANDLE WILL CLOSE UPPER TO 1910/1911 I THINK THAT THE NEXT TARGET WILL BE 1917. IS VERY DIFFICULT THAT GOLD WILL EXCEED 1917/1920.
I SUGGEST TO LOOK THE DXY INDEX, THE PRICE OF THE DXY IS UPPER TO A SUPPORT.
BEFORE OPEN A POSITION IS IMPORTAT WAIT THE CLOSING OF THE NEXT H4 CANDLE
WE CAN CLEARLY SEE THAT 1910 IS AN IMPORTANT LEVEL OF RESISTENCE. I WANT TO SEE WHERE THE NEXT H4 CANDLE WILL CLOSE. IF THE CANDLE WILL CLOSE ABOVE THE RESISTENCE I WILL OPEN A SHORT POSITION, ON THE OTHER HAND IF THE NEXT CANDLE WILL CLOSE UPPER TO 1910/1911 I THINK THAT THE NEXT TARGET WILL BE 1917. IS VERY DIFFICULT THAT GOLD WILL EXCEED 1917/1920.
I SUGGEST TO LOOK THE DXY INDEX, THE PRICE OF THE DXY IS UPPER TO A SUPPORT.
BEFORE OPEN A POSITION IS IMPORTAT WAIT THE CLOSING OF THE NEXT H4 CANDLE
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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.