GOLD SHORT TRADE SETUP

11 במאי 2020

The 4 hour right side is up against 8/16/2018 low (1159). 1 hour is turning down against 1739 high. Near-term, while bounces fail below 1739 high expect Gold to extend lower to correct the cycle from 8/16/2018 low in 3, 7 or 11 swings before upside resume.

SHORT GOLD

@1700-1704

TP: 1680
SL: 1715

GOOD LUCK !