Pretty Simple idea here. Just a break and retest of previous Structure. i will be looking for selling opportunities @ 1695 area on a smaller time frame. Should a valid entry present itself i will take the trade targeting the previous low and stops a reasonable distance from entry.
Trade active
I just entered a small position on gold. i will be monitoring to see what happens.
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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.