Looks like gold is heading for a retreat. Simple setup on horizontal clear resistance, in additions to bearish divergence on Fisher.
The price action friday validated this resistance , as the price formed a shooting star candle.
Will be watching the lower time frames as i am Looking to short next week
keep posted
Best
Technician
The price action friday validated this resistance , as the price formed a shooting star candle.
Will be watching the lower time frames as i am Looking to short next week
keep posted
Best
Technician
Comment:
Thanks for your comments guys, lets wait for final trade confirmation. lets extend our winning streak.
Comment:
watching price around this resistance
Comment:
No trade yet, no reason to go short for me without confirmation
