Trade setup idea for Gold to possibly fall.
A predominant double top pattern, confluent with the AB = CD harmonic pattern and a rising wedge. These fulfill the conditions of a possible change in market momentum from bullish to bearish.
Targets are set @ 1675.00 and @ 1572.00
Stop losses set between 1720.00 and 1724.00
Targets are set @ 1675.00 and @ 1572.00
Stop losses set between 1720.00 and 1724.00
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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.
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.