GingerBear
Short

Waiting to test for resistance

FX:XAUUSD   Gold/U.S. Dollar
56 2 1
Added 2 more orange trend lines on the graph and I'm waiting once gold             price goes up above the green resistance box, I will short gold             with SL & TG setup shown in graph. My trade will be done under 5 mins TF
GingerBear PRO
9 months ago
One thing to note is I will enter a short position only when price touched the resistance levels I mentioned, and then fall below the uptrend trend line (orange).
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GingerBear PRO
9 months ago
Price has reached 1232 now, I didn't enter the short position because I was away from computer. Now I will see how the price interact with 1234 level and decide what to do next. Still bearish in my mind at this moment.
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