MarcR2

Looking for a big retracement in gold

Short
MarcR2 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Looking for a retracement in gold after that A B movement waiting for end up towards C, when price breaks short term bullish tendency we would be looking for a short looking to take price towards weekly tendency line as a support.
Comment:
Remember only short it if you see a break of the tendency, it could still rise a bit

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.