Shorting gold again

8 Tem

Well, it does look like there is still some room for a short trade that might actually hit.

Personally, iam not 100% confident in this trade, but i would have liked to see more confirmations before taking the short entry, yet still i think it is still worth the risk.

if you want more confirmations then here is the thing, wait the price to close below this yellow line, and i mean a close not a wick, then wait the price to pullback and take a short position.

my confidence in this setup is 6 out of 10.

9 Tem

İşlem kapandı: hedefe ulaştı

TP1 hit :D

9 Tem

Not

Iam still expecting tp2 to also hit, but it will take more time. Just move your stoploss to breakeven