Gold Short Trade - INTRADAY RESISTANCE LEVEL
Gold has reached the $1280/$1230 intraday resistance level again and has shown multiple rejections of this liquidity zone. I am looking to short gold back down to the $1400 key level.
We also have the 0.786 retracement level in this region from the last highs and lower lows. Price has also actually broken a major bullish trendline that was present form $1270 up to previous highs.
We also have the 0.786 retracement level in this region from the last highs and lower lows. Price has also actually broken a major bullish trendline that was present form $1270 up to previous highs.
Trade active
Comment:
Nice bearish momentum coming in to play now. Trade moved to risk free 😊
Trade closed: target reached:
profit taken at $1405
