Pleased_Owl

GOLD SHORT SETUP !

Short
Pleased_Owl Updated   
CAPITALCOM:GOLD   Gold
The Daily Timre Frame :^
We are inside a channel, where we touched its highest ceiling twice and this is the third. The third touch is usually the strongest touch.

1H time frame:
  • We broke the uptrend and we are about to form a downtrend

  • Head and shoulders in the process of formation.
  • RSI BEARISH DIV

Prices for entering into a sale transaction: from 1782.45 to 1772.17
Stop Loss Price: 1812
Target: 1664

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Comment:
Congratulation to all the people who shorted
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