Gold - Completing retracement before continue going south
Updated
Weekly - Evening Star (Bearish)
Daily - Hammer (Bullish)
The gold had broken several bullish trendline and currently making a continuation to south based on the previous move. However, towards end of Friday trading seesion, price had rejected a resistance become support and currently making a short term retracement to the bearish movement. I'm currently looking at the completion of this retracement prior to making additional short position for gold.
Daily - Hammer (Bullish)
The gold had broken several bullish trendline and currently making a continuation to south based on the previous move. However, towards end of Friday trading seesion, price had rejected a resistance become support and currently making a short term retracement to the bearish movement. I'm currently looking at the completion of this retracement prior to making additional short position for gold.
Note
Positions trigger.
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