Gold has failed to break 1747.9 as it has encountered resistance and has formed a double top, signalling a bearish reversal down to previous resistance levels of 1661.665 or 1644.165.
Trade closed manually
Trade is still active. Unfortunately, prices did not fall as much as expected and just missed TP1. I am closing my trade as we can see an upward channel forming. But, we must be ready to capitalise on the next reversal!
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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.