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MY SETUP FOR GOLD
Gold Spot / U.S. Dollar
Short
MY SETUP FOR GOLD
By GoatGold
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Updated
Aug 13, 2022
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1
Aug 11, 2022
The main idea behind this setup is causes by the price had hit the resistance area and the pull back is creating the Lower Low situation.
Aug 11, 2022
Trade active
Price hit the supply area and SMA 20&50 forming a death cross, trend tend to a bearish
Aug 12, 2022
Trade active
In previous day the price still can't break the resistance area and creating Higher Low & Lower Low condition. Trend tend to the bearish.
Aug 13, 2022
Trade closed: stop reached
Pivot Points
Supply and Demand
Support and Resistance
GoatGold
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