Art_On_Charts

GOLD Short IDEA 4H Timeframe 14 R:R

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold Short Idea 4h Timeframe.

Heavy 4H Bearish Engulfing candles printed, large bearish volume and presence which indicates further bearish momentum, with some healthy retracements along the way.

Entry: 1803. 40
Stop Loss 1806.20.
Targetting 1775 areas, taking partial profits along the way.

14 Risk to Reward ratio
Not much to lose, a lot to gain.

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