Sell above 2004 target the gap below 1840
Updated
Long term the gold was bullish but with given time and multiple factors emerging against gold it'll go back to fill that gap sooner rather than later don't let the bull runs trap you doesn't matter where they take this bull run it'll exhaust and fall back
Trade active
Sold at 2007 will keep adding more for this bull trapNote
Running 150+ pips in profit closing half here rest to Target or BreakevenNote
Price is mounting up towards another sell position we'll wait and watch and pick our entry we're already deep in profitsNote
Price is converging into a triangle it can move either sides now depending upon the news but my preference will be towards sell position from the top if it goes upNote
Opened fresh short position at 2015Note
Liquidity sweep , stop loss hunts very common practice on gold , added short position at 2031Note
Don't fall for the bull trap this is just big whales eating small fishes when belly is full they will dump it faster than an asteroid crashing from spaceNote
Added short at 2041 relentless surge in price means a heavy drop also gold has nothing going for it to sustain these all time high prices for long correct gold value i see at this time period is somewhere between 1900-1950Note
Added more short at 2048 , yes it's going up but i have big enough account to accumulate my sells and profit hugely when the dump comes sooner or later dump is comingNote
Closed all positions except 2015 one , closed at 2033 , made 150 pips on 2048 sell , but this is not the dump as it's clearly indicative of more upside to come maybe till 2070-2080 zone for a bigger dump till 1950 zone let's wait and watch and add to our shorts and keep making profit like we do
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