Gold 12h TF opportunity again
מעודכן
I closed the last post about gold short opportunity. But it is back, Check the 3 trendlines, gold may form a sideway among them, then break down to drop, personally, I will wait for the price retest 1723, then resist by the downside trendline, if do so, get in the trade when price breakout. I will update later when the opportunity is coming.
הערה
Wait for the hourly close, the half position may be triggered.הערה
Price pattern doesnt look good, I wont take any trade today, wait for tomorrow to see if any better signal appears.הערה
Nothing changed, just waiting for the pullback to enter the tradeהערה
If you have the resource, please check the GC price, when price pull back to restest, 1711, the gold spot should be around 1695-1701, that will be a good time to short gold for around $100-$150 downside movement. Let us see what will happen next Tuesday or Wednesday, currently, the entry point is on 2h/3h TF, we need more confirmation signalהערה
Point is coming, be patientהערה
Check the next 2-3 hours close, we may have the chance to start shoring gold for next 2-4 weeksעסקה פעילה
Order placed, 1695SL:1705
TP1: 1620, tp2: 1580, tp3: 1500
הערה
The short position does not move very well, let us see the next 3-4 hours, if the price wont go down more, we may close 1/3 positionהעסקה בוטלה באופן ידני
Price rejected to move downהערה
I still have 1/3 opening position, wait for the London time
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