Short Gold

Looks the target was hit 1847 - Looks like they'll try to move value up to 1847 - if so that might take some time, basically all day.

Fairly divergent at this point

Looking for 61.8 Fib retracement at 1813

This trade may take a few days.

Past 1851 - I'll close the trade and assume the target wants higher - to at least 1855

Yorum:

Trend line drawn acted as support at $1830

Back test in progress

İşlem elle kapatılmış:

Took trade off - Fed Meeting tomorrow.

Sold at 1837

Its risk off for the time being.

Most likely there will be newer higher followed by new low.