Sherman_Trades

I am bearish on GOLD WEEK OF 14TH DEC 2020

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
I am bearish because, the pattern shifter over after hitting the 1875 area of support and reversing abruptly.
The potential area of bounce or TP1 and TP2 Zones are the marked rectangles.
Keep an eye on the false breakout area. It is possible but not mandatory.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.