TradingView
Mihai_Iacob
Sep 17, 2021 5:49 AM

Gold, now what? Short

GoldOANDA

Description

I was bearish Gold all week, and it didn't disappoint me, and after it completed the right shoulder of the h&s, XauUsd broke under neckline support and dropped hard in yesterday's trading session.
Now the price is in a normal correction and this could be a good opportunity for bears to open short positions.
Thus said, rallies towards 1780 (now strong resistance) should be sold and 1730 measured target can be TP level
Comments
Di3_
178-1783 is best entry for sell to 1730-20
ForexTrendline
I hope we see a continuation earlier, because a pullback all the way up there would be quite deep, here's our idea
gavin256
My thoughts too, lets see.
Mihai_Iacob
@gavin256, thanks
MMBTtrader
proper TA with great summary I like it
ProjectSyndicate
looking good for sure see what we get now
More