Plz go through the chart carefully.
Gold sell @3032-3034
Sl @3046.
TP1 @3030
TP2 @2980
TP3 @2950
Gold sell @3032-3034
Sl @3046.
TP1 @3030
TP2 @2980
TP3 @2950
Note
rectification:Gold sell triggered @3032-3034
SL @3045
TP1 @3000
TP2 @2980
TP3 @2950
Note
Reasons for selling:1. Gold breaks support of 4h Time frame
2. Gold breaks triangle pattern
3. Gold rejects @ supply zone for 2h,1h
4. Gold rejects @ FVG zone of 4H,2H
5. Gold respecting selling trendline.
Note
Gold failed to break demand level of 4-HIt is respecting bullish trendline
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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.