Looking to short gold from 1795.00
4H Timeframe Confluences:
- Pair has broken ascending market structure as well as ascending trendline with a strong bearish push last week. Moreover, the market has created a new lower low
- After a strong push last week, we are currently seeing a pullback to the 1795.00 key level and the 61.8% fib retracement level to create a possible new LH.
TP: 1770.00
4H Timeframe Confluences:
- Pair has broken ascending market structure as well as ascending trendline with a strong bearish push last week. Moreover, the market has created a new lower low
- After a strong push last week, we are currently seeing a pullback to the 1795.00 key level and the 61.8% fib retracement level to create a possible new LH.
TP: 1770.00
Trade active
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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.