This week Gold started give us a good opportiunity with buys and sells, but this time we are going to take a good entry with shorts. Price have made a LH and HH where gives us now the first confirmation to going shorts from here, second confirmation is a price where came to retest a 61.8% level and tested very well. As a third confirmation we a have a kind of H&SH.
My entry is 1910
sl-1918-1925
Target 1850
My entry is 1910
sl-1918-1925
Target 1850
Trade active:
Price came down as excepted from the analysis with +100pips and from now we can make this free risk with bringing the stop loss in Breakeven. Waiting for more drop...