TradingView
BrianTong123
Jan 13, 2020 7:07 AM

Short Gold Short

GoldOANDA

Description

Structure: downtrend
Price pullback to test support zone 1556-1560 that has broken
Expect: price continues to down in short-term as an image
Target 1: 1545
Target 2: 1520

Good luck & safe trade

Trade active

Done 1st target

Trade active

Sellers' force is weak, so it cannot push the price down to demand zone 1516-1520. The price pullback to continue the sideways trend. In my opinion, I expect the price will continue up to the 1560-1562 resistance zone. Then, waiting for a trigger in this area to entry sell or not

Trade closed: stop reached

Break-even
More