Shorting Gold for 200-270 pips.
Updated
The Gold market is currently in a downside from the rejection zones of $1863-$1861, expecting a buy back of Gold into 1846-1848.6( possible entry zone), then a further sell to the downside to 1825.100.
Otherwise expecting a fake bull run to the upside to 1852 then still conclude with our TP.
GOLD FALL!!!
NB: red box; rejection zone
blue box; breakout zone
yellow box; supply zone
Otherwise expecting a fake bull run to the upside to 1852 then still conclude with our TP.
GOLD FALL!!!
NB: red box; rejection zone
blue box; breakout zone
yellow box; supply zone
Note
AS EXPECTED A FAKE BULL RUN TO 1852.....FURTHER SELL TO $1812.22 FROM PRICE MOVEMENTS BETWEEN $1906-$1854.Note
PERFECT TRADE!!!
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