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capetinetrader
Mar 15, 2021 11:27 AM

GOLD sell at supply / resistance. Intraday trade active! Short

GoldOANDA

Description

Price has managed to reject resistance, and this retest is a low risk setup to sell it down to 1711 handle. CT45LP indicator is giving a short signal.

Comment

First target will be PAL (partial and lock) area of 1727 (EMA50). This will be the decider weather price wants to continue the drop for New York session open.

Trade closed manually

Closed at PAL area before price reversed. A healthy 80 pips intraday
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