Double top as seen on H4 chart could potentially push Gold prices down for the time being.
Comment:
Triple top on Daily chart:
Trade active:
Price is still trading above trendline but am currently in positive. Will see how it goes in the next few hours.
Comment:
Choppy break below. Let's see what the next few hours offer
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Closed partial positions from 1349.5, 8 points down. Will hold till TP @ 1336.88
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Might head on down to horizontal support if it breaks trendline support. Almost hitting TP.
Trade closed manually:
Price touching and small rejection on ascending trendline of previous H4 candle. I've exited all my positions manually, +13 points.
Comment:
Current H4 view:
Comment:
Sorry, I meant M30 chart ^
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What a sharp turn that was! Fortunate to closed all positions before it rallied
Comment:
Wow, how volatile is Gold (now) ? Breaks trendline aggressively, let's see how it reacts to horizontal support.
Comment:
Awaiting a pullback to short Gold again
Trade active:
Re-entered on the pullback, shorted Gold
Trade closed manually
