emehoke

Gold Short Idea. Waiting for picture development.

Short
emehoke Updated   
COMEX:GCJ2021   Gold Futures (Apr 2021)
Possible sell strategy for gold. Use in combination with your favorite confluences.

*Edit*

The sell zone got tilted somehow between drawing it out and publishing. Sorry about that. It is supposed to sit above the top trendline.
Comment:
The tilted zone worked! We have wick rejection folks. Not the worst setup. RSI divergence as well. Stop goes above recent lower high @ around 1742.5. Entry at 1736.1 puts a single contract at $630 of risk. Use Micro as needed.

**This is not advice. Please don't take this trade. I know you will not, but I have to say anyway. Just trying to make it as real as possible while paper trading. I waited patiently on this setup so I'm excited now. Gimme a break.**
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