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hungry_hippo
Sep 23, 2022 9:16 PM

Gold short term chart 

Gold FuturesCOMEX

Description

Short gold through GLD puts, here's what I'm looking at....

Gold has been making consistent sized down moves lately, target arrow shown.

Comment

All arrows are the same size

Comment

Down 1% so far, broke that bear flag from Friday. Closing this if it hits my target Mon or Tues

Trade closed manually

Bounced back during Euro hours and tracking the market. Decided to close it out and take a break today because I think the market is just gonna whipsaw and gold with it

Comment

LOL, should've stayed with the trade. I plot better than I trade sometimes
Comments
Eric_From_PA
This looks like a good short still.
hungry_hippo
@Eric_From_PA, I posted a long term chart as well. Long term gold is very bearish.
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