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HandofGold
Aug 11, 2020 12:52 PM

Widen Your Gaze Short

GOLD (US$/OZ)TVC

Description

Providing an update to our previous trade setup for Gold that outlined a potential Bearish Head and Shoulders setting off a fractal chain reaction of selling pressure. That scenario has played out as we predicted and we expect selling pressure to remain intact for the near term. We expect the bearish momentum to continue until we reach previous highs around the 1920's.

Never trade a pattern before it has completed and aways hedge your positions as appropriate.

Trade active

Comments
UnknownUnicorn4762443
Exellent
mpapalia91
is this trade still active or do you believe the selling pressure has ended?
parryk0809
Wats ur tp and sp
HandofGold
@parryk0809 I don't share my stops but tps of 1930 and 1830
HandofGold
@parryk0809 took profit at 1940.
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