So we know gold has been pushing bearish for quite some time.
On the HTF (4hr) we broke structure down and came up to mitigate orders. We have received enough Signs of weakness to take this short.
On the HTF (4hr) we broke structure down and came up to mitigate orders. We have received enough Signs of weakness to take this short.
Trade active
The best SL on this would be about at 1825.Note
Really don't like how the last hour has moved. Can see that there has been a pause(in the decision or whatever you call it). Would close out 60% of the position at BE.Trade closed: stop reached
As stated the hour didn't look good. Price when to test back the top of the distribution before it fell lower
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.