Gold broke below support - SHORT
Updated
Gold had a tremendous rise from 1780s to 1860s last week, marking a second straight bullish week.
However price has had trouble breaking convincingly above 1863 level, with a strong bearish confirmation formed. Expecting retracement entry for shorts at 1762-1766 level with stops above the recent high.
However price has had trouble breaking convincingly above 1863 level, with a strong bearish confirmation formed. Expecting retracement entry for shorts at 1762-1766 level with stops above the recent high.
Trade closed: target reached
400 PIPS target hitDisclaimer
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