As we see gold is still following down trend and assuring another swing lower low, Trader can make entry and make proper stop loss above the swing high and safe may run for a short for next week till Tuesday price reach the level mentioned by the arrows. But price may take retrace several time as week is closing for today, but execution from as up as possible may give a great trade entry so far.
Price Entry 1782.22 and Take Profit will be 1767.13 and Stop Loss will be 1793.00.
Though it late night forecasting though high for next week to follow the down trend.
Price Entry 1782.22 and Take Profit will be 1767.13 and Stop Loss will be 1793.00.
Though it late night forecasting though high for next week to follow the down trend.
Comment:
As we are told, Price is about to reach the target hit on Tuesday.