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.
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.
Comment:
Nice Drop to 1233.
Comment:
Take some profit at 1224
Comment:
Trade closed manually:
After Taking some profit at 1224 then price rally and break new high,
break-even stop loss was triggered.
break-even stop loss was triggered.
Comment:
Sry, Mistake, should be 1227. Price didnt really touch 1224.