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SageFXTrading
Jan 26, 2017 7:44 AM

Gold breakdown? Short

GOLD / U.S. DOLLARICE

Description

If Gold does break down with clarity and momentum past this minor zone of confluence, then it will be an indication that it might be resuming its downtrend. If that is the case, I will look for an opportunity to short on a retrace.

Good luck and trade safely.

Comment

Gold has passed the minor S/R line with great clarity. I will wait for it to retrace to around 1196 and initiate a short position.
Comments
ali_12345
exeleent idea
SageFXTrading
@ali_12345, Thank you sir!
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