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Profitlio_Trading
Mar 26, 2020 2:29 PM

Gold Short Trade Setup  Short

GoldOANDA

Description

First target achieved as per my previous analysis after triangle breakout. Analysis is tagged below.
In Here on this resistance I see some potential of double tops formation. This resistance held strong and I expect this attempt will form a trend reversal with the support of Resistance + "M "formation. The target expected can be matched with the fib levels accordingly. Hope this time our much expected fall back can be seen. Good Luck!

Trade active

Trade running down with 120+ Pips
Comments
hoperushing
Are you taking this short here now ? No bull flag ?
Profitlio_Trading
@hoperushing, Can you pop in your analysis supporting bull flag in here? I see a resistance above
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