Gold is not stopping at all and is giving us new ATH everyday. So catching a sniper sell in this scenario is not possible. For sells we have to wait for a solid confirmation. After making new ath yesterday market went down instantly and recovered instantly to but didn’t test ath again. Instead it made a resistance @ 2947. Market went up and got rejected twice from there. But as we know gold trend is Bullish selling from there seems risky. There’s a high probability that gold will test Ath again.
So I’m waiting for the rejection from ath 2954 if it rejects than Sell with tps given as yellow horizontal lines.
If it dont test ath again than wait for the candle to close below 2928. Sell with tps given as yellow horizontal lines.
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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.