Please read the chart information carefully.
There are many reasons behind the bears who is gathering strength.
price breaks major trendline,
price rejecting from resistance zone many times,
price moving in symmetrical triangle.
Advice-
wait for the price to break symmetrical triangle either side.
but we are expecting the downside break-out
Our preference is as below:
Gold sell @3125
TP1-3080
TP2-3055
TP3-3020
SL- 3150
There are many reasons behind the bears who is gathering strength.
price breaks major trendline,
price rejecting from resistance zone many times,
price moving in symmetrical triangle.
Advice-
wait for the price to break symmetrical triangle either side.
but we are expecting the downside break-out
Our preference is as below:
Gold sell @3125
TP1-3080
TP2-3055
TP3-3020
SL- 3150
Trade active
Sadly our SL got hit,but our analysis gave us +1500 PIPS PROFIT
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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.
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.