GOLD - Transition Test
Updated
Use an Entry above 1433 to take a sell.
This is 83 pip length transitions aka Intraday, so if sell works, take the money and wish it's going down more.
Other stuff:
This is 83 pip length transitions aka Intraday, so if sell works, take the money and wish it's going down more.
Other stuff:
Trade active
Entry 1434 tagged.Note
Set the Break-Even, this is not the move you want, it had to go. As well if you monitor the template we break 61.8 and did not touch the 38.2.Note
We need a volatile break below 1224 with a ton of sub transitions there.Note
greatNote
I would advise you to take profit from this sell and be on sidelines during a news event. Because of that Reversal Transition located at 1459 area, I would think that Gold is willing to go more up before the actual sell sets in place.Note
We got the move and transition target is hit. I have closed my sell. Now we need to see Gold up, waiting for confirmation.
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.