Gold Spot / U.S. Dollar
Short
Updated

#GOLD H4. Bearish scenario.

242
The Friday's bearish bar shows us that the institutions are selling at this moment. I'll keep opened my short orders all this week.
Note
keep selling
Trade closed: target reached
I decided to close this trade. The last 4h bar shows the presence of the buyer. This is not a reversal, but keep in mind we're still in a trading range.

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.