Gold Short
Gold is looking likely to continue towards the downside:
-Price is currently consolidating at a Key monthly level
-Price is also being rejected from a weekly trendline
-The purple line is a 382 fib re-tracement from the weekly time-frame, comes into congestion about 5-6 times with previous structure so is clearly a well respected level.
RR of 2.3:1
If price closes below 1303 then i will enter
Longer term analysis to follow
-Price is currently consolidating at a Key monthly level
-Price is also being rejected from a weekly trendline
-The purple line is a 382 fib re-tracement from the weekly time-frame, comes into congestion about 5-6 times with previous structure so is clearly a well respected level.
RR of 2.3:1
If price closes below 1303 then i will enter
Longer term analysis to follow
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.