Gold Short
Price has been is making an pullback on the Daily TF also forming a descending Triangle.
4hr is also providing indications of a potential bearish Symmetrical triangle in the process, with price buildup around resistance of 1496, I've placed a sell limit order at that level to take price down to daily support.
Any price acceptance above 1496, would invalidate this trade setup.
Your feedback and thoughts are welcome.
4hr is also providing indications of a potential bearish Symmetrical triangle in the process, with price buildup around resistance of 1496, I've placed a sell limit order at that level to take price down to daily support.
Any price acceptance above 1496, would invalidate this trade setup.
Your feedback and thoughts are welcome.
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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.