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MrDiamondHands
May 23, 2019 11:51 PM

H&S on Gold Short

Gold FuturesCOMEX

Description

Take profit = $1220
Stop loss = $1325

Currently sitting on a short term 50% fib retracement to the downside. Also resting slightly below its monthly pivot point (standard).

Comment

Rolling over from the (GCM19) June 2019 contract to the (GCQ19) August 2019 contract. At the time of rollover, GCM19 is at 1278.8 and GCQ19 is at 1284.2.

Trade closed: stop reached

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