Gold price couldn't break out the ascending channel further to the upside, I noticed the loss of strength from the bulls and SHORT the price.
Also while in the trade I noticed the Bulls were still strong and it was just a liquidity grab and not a trend change.
So I closed midway on the first support zone as seen.
Also while in the trade I noticed the Bulls were still strong and it was just a liquidity grab and not a trend change.
So I closed midway on the first support zone as seen.
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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.