tntsunrise

GOLD Weekly Charts Shows Bull Trap

Short
tntsunrise Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
132
Last Week I was on business trip , and in china it is very
hard to access tradingview. so i couldn't update any idea.
Today I am back to work with stable internet connection.

GOLD Weekly Charts Shows Bull Trap
As we can see, gold did not break 1307 the 2015's peak.
and today it just retested 1300 but failed.
For Swing Trader, it is good to short gold
as long as the 1307 is not violated.
First Target: 1220
2nd target: 1130

Comment:
1270 NOW
Shorted at 1295

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