Hi traders,
On the 4H timeframe of gold I'm looking to enter short around the 1220 area, where we have:
Entry: 1220.48
Stop: 1224.57
Target: 1196.43 = R:RR 5.88
Good luck traders!
On the 4H timeframe of gold I'm looking to enter short around the 1220 area, where we have:
- 200% Fibonacci extension of the ABC move
- 38.2% Fibonacci retracement of the XA move
- Previous structure
Entry: 1220.48
Stop: 1224.57
Target: 1196.43 = R:RR 5.88
Good luck traders!
