I see a massive downside on gold by end of 2021 if it does not take out the highs. One can trade according to their risk capacity. Can add shorts in SUPPLY ZONE for great R:R.
This can reach 200 buy end of year 170-173 small resistance SL can be below 140
Btc breaks the and makes the history . Blessed to witness this moment.
It looks very good on weekly,daily TF's if we close weekly above 540 i expect a very good run in coming days. very good R:R trade.
Breaking this can give a very good rally but failing can give a good correction. keep an eye and pull a trigger when the trend is confirmed.
After recent short squeeze there were multiple bearish retests on TL and price is being supressed by 100,200 EMA's on 1HR,30m. i expect a retest on support around 1212 and see the reaction there whether to continue short towards ATL or cut my position.