Hello everyone, this is my idea for the next move for Gold. Actually, I will be selling it as soon as it shows me a reversal sign at indicated levels. Feel free to comment on my idea.
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So we have reached the best sell zone for a moment. I started selling here with a sl about 1875. My highest sell for a moment is 1867. I prefer the short time trades so I'm looking to close my orders before the 1830 lvl. Then I will try to catch the sell again above 1840. The mid term target for me is around 1750.
do you see any consolidation on the level it is at currently
Lightman47
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@Only_One1, no man it's on local trend for the last 3 days, as you can see it's making new HH & HL at least for now. You can put a trendline on a lower timeframe and track it, as soon as it's broke it could consolidate.
mubarak_2529
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in what price should I sell
Lightman47
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@mubarak_2529, It's not financial advice because I'm not a PRO trader, I just share my idea that I will be working with. I will be looking for a sell in the red zone 1850-1870 range if the price will show reversal signs.
mubarak_2529
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thanks
souzaa021
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@mubarak_2529,
Acho que o momento de venda já passou agora e esperar outra oportunidade