TradingView
ForexTrendline
Apr 7, 2022 4:55 AM

Two options to sell GOLD Short

GOLD / U.S. DOLLARICE

Description

In our analysis yesterday, we looked at the next levels for GOLD


In order to get involved in this move, we've got two entry options.

The first one would be if price goes up to test the resistance of the current range and it shows rejection.
This will give us a good risk to reward ratio but it's a bit risky.

The second one would be to wait for break of previous lows and below the range, then wait for a re-test to make our entry.
This one will give us a better confirmation.

On both entries, our first target will be 1860.
Comments
f65ab8014a244d1a850e530966a980
Where is the move down?
ForexTrendline
@f65ab8014a244d1a850e530966a980, We will post an update soon
f65ab8014a244d1a850e530966a980
@ForexTrendline, You will replace one worthless, misleading post by another
VasilyTrader
I have similar expectations here bro!
ForexTrendline
@VasilyTrader, I'm still bearish and waiting for an end of this move
HAMED_AZ
Well done
my view
KlejdiCuni
I like the bullish scenario on gold as long as the situation is not clear yet
TheTradersAvenue
great setup, thank you for sharing.
ForexTrendline
@TradingAxis, you're welcome!
More