Gold sale a bounce to 1715-1721

GOLD ha been hardly rejected twice at 1725 and has pullback down to support at 1704, it came down inside a small wedge that at support or S1 has break up to 1711, I still stay on the bearish side on Gold mainly becouse rejected at the upper side of the descending 4H channel and could probably go to the neckline at around 1650 if it does not break up soon; RSI on 15M is going to overbought, 30M and 1 H are oversold but 4H is moving down from overbought, i think base on this that Gold could bounce up probably to 1715.1721 that are Pivot and Uper Boarder of channel, I do not think will get back at DO again, but i do not excluded it as RSI is giving mix signal, my position is selling a bounce up with rejection in the area of 1715-1721 but i will wait for confirmation, need to pay attention to Ecominics news as there are ADP , Balance Trade and ISM, i am not sure if i will open a trade prior the release of the news, will see how gold move in the next hour

I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1

IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA

MY TRADING RESULTS
# 24 TRADE PROFIT IN THE ROW
86% WIN IN SEPTEMBER
37 WIN, 3 BE, 3 LOST
CHECK ON MY TRADINGVIEW ACCOUNT

Trade active

open a 25% short at 1714

Note

Trade closed for a tiny 2 US Dollar profit at 1712 , I will wait the ISM number prior reentering trade profit N. 25 in the row

giorgiovie

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giorgiovie