Short

Updated

Gold the widowmaker fall II

This Idea is a continuation of the first one, the first TP hit where we are looking for at least 1741, I'm looking for lower targets but we will see

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If you are in a sell trade, I would salute your big balls, though have to say this be aware of 1950-1940 area for the PRZ.

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So, the gold dropped? well yes, but the momentum is not, it's more like channeling corrective, not impulsive, looking for 2050 to be broken then we will take a second look.

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As stated before, the PRZ 1950-1940, now we talked the talk lets walk the walk

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here is the setup

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I Got stopped out for the 1942 and returned @1935.

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As the price hesitated and did not reach 1985.5 I closed the trade, will it continue lower?

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this is what I'm expecting, for now, these levels need to be broken, for selling gold. if there is a failure of the pattern aka the price continues higher we will set targets of how high it can go not so far though.

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I'm still looking for 1990 for the price to be tagged, that's all for now

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have fun

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I had fun looking into this move, I lost 2 trades and 3rd already covered the losses. currently looking for 2050-2060 to drop.

I'm not keeping my trade open again have fun

SLYH01

Related publications

Gold the widowmaker fall

by SLYH01

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