Gold ABC Short
Possibility of an ABC channel setup for gold
Look to short
1. Enter - between the .5 and .618 fib retracement of current minor swing down leg , to the horizontal resistance around 1484.
2. Stop - just above B point
3. Target - Channel support at point C around 1425.
RR around 2......
Look to short
1. Enter - between the .5 and .618 fib retracement of current minor swing down leg , to the horizontal resistance around 1484.
2. Stop - just above B point
3. Target - Channel support at point C around 1425.
RR around 2......
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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.