GOLD quick short setup Short

Description

⋅ Dec 18, 2017 6:37 PM

Looking for an hourly candlestick rejection as a final confirmation to short GOLD for a quick bearish reversal.
The price has completed a three drives pattern at the previously broken support and potential resistance now around 1264

Best
Technician

Trade active

⋅ Dec 20, 2017 8:08 AM

I have shorted gold at 1264

Comment

⋅ Dec 20, 2017 1:03 PM

Stop at 1271

Comment

⋅ Dec 20, 2017 1:05 PM

Support and Resistance Three Drives

Comments

luharonkeo

⋅ Dec 20, 2017 4:00 PM

Thanks Technician for the analysis!

AleeJaffery

⋅ Dec 20, 2017 3:15 PM

watching the same setup but wating for breakout

OmarNAMOUCHI

⋅ Dec 20, 2017 11:21 AM

Hi,

Clean and clear analysis as usual,
I have the same outlook as you,

FaizRabo

⋅ Dec 20, 2017 10:48 AM

Seems like price might hit sl??

mpgb

⋅ Dec 20, 2017 7:55 AM

great and precise analysis, waiting for the entry point, THX

mcgough_max

⋅ Dec 19, 2017 12:17 PM

SL 1266 still active ? thanks

Ansari

⋅ Dec 18, 2017 7:46 PM

thanks Technician

ofa

⋅ Dec 18, 2017 6:56 PM

Sir is it good to short now or wait for more confirmation for down trend ?