Pending short plan for GOLD
Updated
Sold JDST last Friday since GOLD is deeply oversold on 4hr chart. Looking for reentering the trade since this is apparently not done yet. Watching for price action around 1302. Short GOLD again if bearish signal is detected, target could be 1276-1280. Trade with plan and good risk management strategy, GL!
Note
It would be a perfect entry if USDJPY retraces to 0.382 level at the same time, also we can see lots of important support&resistance from left side. Let's wait and see!Note
No trade as yet. Will be waiting for USDJPY back to 0.382 and see the price actionNote
Watch the next level 1319-1322. Hope it gets there and give me better entry to short gold.Note
USDJPY still in correction, very likely one more drop.
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