Gold Sell Opportunity

The price is going to bounce from 1350.00 level. RSI and a bearish candle confirm the price reversal. It's a sell opportunity. Entry level can be below 1340.00 with stop orders at 1360.00 level. The main profit target should be 1310.00 level.

Yorum:

A strong bearish candle tells us about the power of sellers. If you opened short trades based on my trading signal, you must be in profit now. It's possible to move the stop orders into a breakeven level and wait when the price reaches the targets.