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TradersAcademy
Feb 20, 2020 7:31 AM

GOLD trade setup.  Short

GOLD (US$/OZ)TVC

Description

Gold trade setup. Price has reached its price point for the year since January 6. A retracement is bound to follow suit, looking at the short term trade down towards the 1593.34 support level, anything beyond that then a new trend is expected as price respects the double top on the Daily.

Order cancelled

GOLD trade setup failed to breakout of the minor ascending trendline and continued it bullish rally reaching the 1643.15 price point.
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