Gold Spot / U.S. Dollar
Short
Updated

Gold Possible Bearish Movement

204
Price rejected off a daily resistance, causing a break of structure on the 4hr.
thereby indicating a bearish momemtum. look for sell setups.
My entry is at the touch of the trend with 25pips SL and TP target is @2004.19

Risk management very important.
Trade closed: stop reached
25pips SL hit
Note
If your SL was more than 25pips you still good as setup is still valid.
Risk Management Very Important

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.