Gold broke upper channel, retest and failed. It moves down back into channel and broke the channel floor. I expect gold to continue to drop to 1198 and will look for re-entry to pick up from previous Gold short idea.
Note
Took some profit at the 1.29 structure and re-enter position today at 1.295
Note
Ignore the last. That was for GU. I did add new positions at 1224 this morning.
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.