Please support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 1564.345
TP1 - 1552.057
TP2 - 1547.871
TP3 - 1542.740
TP4 - 1535.988
SL - 1568.396
Reason: Price lost Ichi cloud support and Pivot Point. However we still have a strong potential support zone around 61.8% and position should be initiated on a breakout.
-Please consider entering only on confirmed breakout.
-Also it's a risky trade for Gold.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Initiate Short.
Entry - 1564.345
TP1 - 1552.057
TP2 - 1547.871
TP3 - 1542.740
TP4 - 1535.988
SL - 1568.396
Reason: Price lost Ichi cloud support and Pivot Point. However we still have a strong potential support zone around 61.8% and position should be initiated on a breakout.
-Please consider entering only on confirmed breakout.
-Also it's a risky trade for Gold.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.