Details on chart
Note
Opposite option... Head & Shoulder Pattern formation on 4hr.I am still long and taking risk..
Note
Gold confirmed opposite option of 4hr head and shoulder.. i have sell order triggered at 1234.. and buy will be stopped at 1228.Note
For now break of 1231 will target towards 1225Note
Another Sell scalp Trade with Stop little above 4hr candle at 1235.Opened from 1231.5
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Gold fallen below neckline support of 4hr Head & Shoulder.. My buy deal was negative but my other 2 deals covered all losses and now in profit. Next target 1218/17
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I closed my deal from 1231.5 with profit close to 1225 to cover loss of buy deal.Note
Gold with old supports and with trendlines. Gold short till now 1235 and only break of 1245 will change direction.. For now momentum is only sell..Important data in Asian session of China.
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Related publications
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.