Bulls are losing the momentum , triggered shorts
Gold approaching near resistance, green momentum candle turning into red shrinking candle with long wick = price rejecting the area (Resistance)
and since Trend is LH & LL down trend so I'm selling on weakness
My idea
Short at 1843
Stoploss 1849
TP 1828
and since Trend is LH & LL down trend so I'm selling on weakness
My idea
Short at 1843
Stoploss 1849
TP 1828
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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.