GOLD SELL POSITION
Greetings traders this is my idea on Gold and it is forming a sell position.
On the chart we can see a bearish movement with was forming and it has been establishing a sell position.
After the Correction we can see that on the chart was forming a downtrend movement and preparing it for a downside price movement to key level 2558 as the main target.
Similiar Breakouts of downtrend where accured during the period of 11 Novemebr and 11 December.
In the channel after testing the current level which suggests that the price will continue to downfall.
Traders if you like this idea give a like,comment i will be glad
And Good Luck on the Markets...
Traders please like,comment
On the chart we can see a bearish movement with was forming and it has been establishing a sell position.
After the Correction we can see that on the chart was forming a downtrend movement and preparing it for a downside price movement to key level 2558 as the main target.
Similiar Breakouts of downtrend where accured during the period of 11 Novemebr and 11 December.
In the channel after testing the current level which suggests that the price will continue to downfall.
Traders if you like this idea give a like,comment i will be glad
And Good Luck on the Markets...
Traders please like,comment
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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.
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.