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GOLD 1h Testing Important Structure.
Gold Spot / U.S. Dollar
Short
GOLD 1h Testing Important Structure.
By tntsunrise
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Updated
Feb 19, 2017
2
5
4
49
49
Feb 16, 2017
GOLD 1h Testing Important Structure.
It is good to observe and bearish pattern or price action
and look for a short.
Weekly Chart Gold is already in resistance area
from 1241-1249
Hence, look into 1h chart to find a short opportunity
is reasonable.
Feb 19, 2017
Note
Nice Drop to 1233.
Feb 22, 2017
Note
Take some profit at 1224
Feb 22, 2017
Note
Feb 24, 2017
Trade closed manually
After Taking some profit at 1224 then price rally and break new high,
break-even stop loss was triggered.
Feb 24, 2017
Note
Sry, Mistake, should be 1227. Price didnt really touch 1224.
Support and Resistance
tntsunrise
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