Hi traders,
On the 4H timeframe of gold I'm looking to enter short around the 1220 area, where we have:
Entry: 1220.48
Stop: 1224.57
Target: 1196.43 = R:RR 5.88
Good luck traders!
On the 4H timeframe of gold I'm looking to enter short around the 1220 area, where we have:
- 200% Fibonacci extension of the ABC move
- 38.2% Fibonacci retracement of the XA move
- Previous structure
Entry: 1220.48
Stop: 1224.57
Target: 1196.43 = R:RR 5.88
Good luck traders!
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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.