This idea we provided in our premium channel and also forwarded to free channel which is already running +50 pips as of now..
We have updated previously about possible Short opportunity in gold on break of trendline , we took the trade on sign of potential breakout getting nice entry and possibility to ride downtrend longer.
We will be staying short till price is below descending trendline with next target @ 1480 .. we may be entering more short trades and leave this one running till our setup is valid... final target is between 1380 - 1420 zone , as we expect price to retrace in that zone before moving higher..
We have updated previously about possible Short opportunity in gold on break of trendline , we took the trade on sign of potential breakout getting nice entry and possibility to ride downtrend longer.
We will be staying short till price is below descending trendline with next target @ 1480 .. we may be entering more short trades and leave this one running till our setup is valid... final target is between 1380 - 1420 zone , as we expect price to retrace in that zone before moving higher..
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