GOLD shorting idea
Hey traders,
For the last 3 trading weeks, Gold is very bullish .
Ahead is a strong structure resistance .
If you analyze the price action from February 2021 you may notice that the market is trading within a wide horizontal trading range.
1903 - 1917 is its upper boundary.
Once the price reaches that your task will be to look for an intraday confirmation to short.
Then a pullback will be expected at least to 1857 level, a bullish breakout of the underlined resistance will trigger a bullish continuation to 1960 level.
For the last 3 trading weeks, Gold is very bullish .
Ahead is a strong structure resistance .
If you analyze the price action from February 2021 you may notice that the market is trading within a wide horizontal trading range.
1903 - 1917 is its upper boundary.
Once the price reaches that your task will be to look for an intraday confirmation to short.
Then a pullback will be expected at least to 1857 level, a bullish breakout of the underlined resistance will trigger a bullish continuation to 1960 level.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.