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weslad
Feb 5, 2019 3:07 AM

GOLD SHORT SWING TRADE Short

GoldOANDA

Description

Hi guys I saw huge short opportunity on gold and this may take us down soon. I will advice us to be patient with this call and apply good stop loss. It was noticed that price breakdown from the ascending triangle pattern and presently it re-tested the breaked level, continuation towards downside is expected.

Kindly follow the suggested Short zone on the chart and always remember to apply stop loss.

Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS

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Thank you

Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.



Trade active

Trade active

Trade active

Trade active

Corrective wave C in progress

Trade active

Trade closed: stop reached

Comments
InvestingScope
Thanks Wes. Although we are currently bullish on the short term, we agree with your long term bearish outlook:

Timi1313
Nice one.
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