Gold Short Position
Gold Short Position
🔵 Entry: $1,813.88
🟢 TP & RR: $1,787.16 (2.79)
⛔ Stop Loss: $1,823.47
REASONS FOR THE TRADE
✔️ Reaching resistance level
✔️ Market Flow overbought
📝 Last week I posted two ideas for long setups at $1,785.97 (this one was stopped) and $1,764.29 (this one is in profit and just reached the target at $1,816. Unfortunately, I have clicked "Private Idea" by accident and those never got published publicly, so I'm a bit frustrated that I couldn't share that profitable trade with you. Anyway, according to that same plan, I am expecting a small retracement before continuation, hence the short order now.
🔵 Entry: $1,813.88
🟢 TP & RR: $1,787.16 (2.79)
⛔ Stop Loss: $1,823.47
REASONS FOR THE TRADE
✔️ Reaching resistance level
✔️ Market Flow overbought
📝 Last week I posted two ideas for long setups at $1,785.97 (this one was stopped) and $1,764.29 (this one is in profit and just reached the target at $1,816. Unfortunately, I have clicked "Private Idea" by accident and those never got published publicly, so I'm a bit frustrated that I couldn't share that profitable trade with you. Anyway, according to that same plan, I am expecting a small retracement before continuation, hence the short order now.
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