Gold Short
Updated
After a good bullish rally to 1912, there is a potential reversal and gold will move downwards towards the 0.5 fib level @ 1847.
According to the 4H timeframe, there are a lot of imbalance between 1885 - 1853 thus; gaps.
These gaps need to be filled to create a balance market.
Entry @ 1895 Tp @ 1847 Sl @1905.
According to the 4H timeframe, there are a lot of imbalance between 1885 - 1853 thus; gaps.
These gaps need to be filled to create a balance market.
Entry @ 1895 Tp @ 1847 Sl @1905.
Note
Well, that green candle was close to trigger the SL
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