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CollegeofPips
Dec 10, 2020 8:48 AM

Gold | Potential Downward Movement Short

GoldOANDA

Description

💡 Trade Idea

📉 Sell Limit GOLD @ 1848.77

🎯 Target Profit 1766.50

🛑 Stop Loss 1875.37

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description:
The metal manages to breakout the bullish channel to the downside after facing a strong daily resistance. On the daily time frame it posted an engulfing bearish candlestick showing a potential reversal to the 1766.50 level.
Comments
FOREXN1


We had the same point of you !

Very nice analysis , congrats !
InkyGrip
nice technical setup! 💥🦐
Joe_Damien
Thanks for sharing.
forexboat
Nice analysis.
buritoofdoom
i will all in today
CollegeofPips
@buritoofdoom not all in please ...trading is all about probabilities so nobody knows it is right or wrong we just seek whats most probably will happen...trade safely
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