Possible Short Trade on Gold
Gold closed with a bearish engulfing candle on Friday after the better than expected numbers of the major event that took place.
That alone indicates that it is perhaps time to enjoy some bearishness . However we could and should expect a pull back and retest of the 2056 level and seeing some rejection before taking any bearish action
That alone indicates that it is perhaps time to enjoy some bearishness . However we could and should expect a pull back and retest of the 2056 level and seeing some rejection before taking any bearish action
Trade closed: target reached
just like we anticipated we hit our TP!
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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.