we have seen a lot of bearish pressure on monday, it was a black day for gold , also bank holiday, but a further test of upper pressure level after bank openings can be seen, according to my analysis shorts from this upper pressure level can give us a nice opportunity to short gold
Trade active:
start looking for sells around 1877 area, with a sl of 1886, what u guys think let me know in comments
Trade active:
as we can see market started its reversal as soon it touched that red selling area in chart, red selling zone marked in chart is still valid
Trade closed: target reached:
now we have seen that market reversed more than 400 pips after touching our sell zone and made a low of 1866 ,which is exactly 430 pips, not a bad weekly trade, its all ur appreciation and love which motivates me, i will continue to share trades whenever i find a nice trade set up because i believe sharing is caring, thanks