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JICPT
Mar 18, 2021 5:08 AM

Gold approaching key daily zone, looking for short on 1H Short

Gold/U.S. DollarFXCM

Description

Finally, price is coming back to my pre-marked key zone on daily with flip and downtrend line.

On 60m chart, bull flag structure has been formed. I need gold to break the key level of bull flag and look for pullback short opportunity, otherwise the bullish trend continues. I will switch to bullish long setups(target 1820)

Set the alert and wait for the activation.

Comment

It seems price hit a nice target zone first before retesting my entry zone...Now, on the 15m chart, the uptrend continues. My plan is to wait for reversal pattern to get in.

Comment

I like the formation.

Comment

It's a bit choppy for the last two days.

Comment

Finally, got the impulsive move to the downside
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