Gold Spot / U.S. Dollar
Short
Updated

Gold Short: the Wyckoff model.

594
GOLD SELL at PRICE 1955 - STOP LOSS at 1965 - TAKE PROFIT at 1928

For this trade I am applying Wyckoff model.
Indeed, we are now in a distribution area after a market mark-up. A distribution is followed by a mark-down. That's why I am short.

Thank you
Note
Move Stop Loss at BE
Trade closed: stop reached
STOP LOSS HIT

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.