Short Gold Position
Now we are moving in a developing descending channel, and when the price reaches the rectangle area, you can open a short position.
Reasons for opening:
1. From this price, a descending movement observed several times.
2. When the price reaches the box area, you can see a sharp angle on the Williams' Alligator.
Important! Follow risk management and do not open a trade for more than 2% of your deposit. Place the stop-loss around 2050. TP in the down box.
Reasons for opening:
1. From this price, a descending movement observed several times.
2. When the price reaches the box area, you can see a sharp angle on the Williams' Alligator.
Important! Follow risk management and do not open a trade for more than 2% of your deposit. Place the stop-loss around 2050. TP in the down box.
Trade active
While moving in the green box w confirmation, we can still keep the short position till the TP reaching in the triangle at the chart
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.