Waiting for Gold Short Entry
Once price reaches middle of resistance zone, the momentum oscillators should have overbought confluence lining up for a short.
Moving stop to break even once price reaches 1954 and taking 50% profit.
Moving stop to break even once price reaches 1954 and taking 50% profit.
Note
Price came within about $5 of the entry before dropping over 5%. Price did bounce nicely off 1865 support zone.
"All things come to a beginning"
E-Z Trades
E-Z Trades
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.
"All things come to a beginning"
E-Z Trades
E-Z Trades
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.