PLAN:
Looking to sell gold between 1530-1550.
Ideally, closer to 1550 and with a weekly RSI bearish divergence.
TARGET: ~1500.00 or close to it.
If gold closes above/breakthroughs 1550, I will close my trade. So if you take this trade, please manage your account actively.
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Gold can go down prematurely, in that case, this idea will be null and I will not enter the market.
So please be patient. If gold doesn't go above 1530, move on to the next opportunity.
And if you want to know how I trade Gold in the following weeks/months. Please follow and see the updates on this chart/future charts.
**I am aware of the bullish flag pattern forming and the fundamental bullish strength of gold but I am hoping for a false breakout of the flag, to re-test previous highs and then for gold to correct down**
Looking to sell gold between 1530-1550.
Ideally, closer to 1550 and with a weekly RSI bearish divergence.
TARGET: ~1500.00 or close to it.
If gold closes above/breakthroughs 1550, I will close my trade. So if you take this trade, please manage your account actively.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Gold can go down prematurely, in that case, this idea will be null and I will not enter the market.
So please be patient. If gold doesn't go above 1530, move on to the next opportunity.
And if you want to know how I trade Gold in the following weeks/months. Please follow and see the updates on this chart/future charts.
**I am aware of the bullish flag pattern forming and the fundamental bullish strength of gold but I am hoping for a false breakout of the flag, to re-test previous highs and then for gold to correct down**
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.
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.