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Gold Spot / U.S. Dollar
Short

MY SETUP FOR GOLD

By GoatGold
Updated
The main idea behind this setup is causes by the price had hit the resistance area and the pull back is creating the Lower Low situation.
Trade active
Price hit the supply area and SMA 20&50 forming a death cross, trend tend to a bearish
Trade active
In previous day the price still can't break the resistance area and creating Higher Low & Lower Low condition. Trend tend to the bearish.
Trade closed: stop reached
Pivot PointsSupply and DemandSupport and Resistance
GoatGold

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