🟡⬇ Gap-down open = breakdown continuation
Price below 9 EMA and 21 EMA
Evening Star pattern confirmed
RSI falling → momentum weakening
MACD below signal → bearish pressure
📌 Short Setup:
Below 121,800–121,900
🎯 Targets: 117,500 → 116,000
🛑 Stoploss: 123,650
Weak trend until gold closes back above 21 EMA.
Price below 9 EMA and 21 EMA
Evening Star pattern confirmed
RSI falling → momentum weakening
MACD below signal → bearish pressure
📌 Short Setup:
Below 121,800–121,900
🎯 Targets: 117,500 → 116,000
🛑 Stoploss: 123,650
Weak trend until gold closes back above 21 EMA.
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.