GOLD - XAUUSD - Short - AB = CD retracement - Second leg entry
Hello all - DuncanForex here with another trade idea
I am looking for GOLD to head lower on a second leg movement down following the engulfing bearish candle printed yesterday
It will head back to 1375 areas slowly - retest what is now support and then head higher up to 1800 over the next year.
I will be trading Gold heavily over the coming months based on this view.
The website is now live
Thanks for looking at my trade idea
Duncan
I am looking for GOLD to head lower on a second leg movement down following the engulfing bearish candle printed yesterday
It will head back to 1375 areas slowly - retest what is now support and then head higher up to 1800 over the next year.
I will be trading Gold heavily over the coming months based on this view.
The website is now live
Thanks for looking at my trade idea
Duncan
Trade active
Trade active
second trade activated and stopped out - re-entered on 4 hour last night @ 1521 short
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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.