Gold trying to break the rectangle zone to Down side
With huge sellers power
A short term 15m tradeing setup showing on gold
Selling setup
With a risk reward ratio of 1:20
The setup giving clarity to SELL
Selling because in longterm it's a Down TREND
Also in a pick top lable
And forming a DOWN setup
So according to the combine results of
15minit 1hour and...
I Have share three possibilities in gold comes as per my analysis. I am watching this charts from past months
if it breaks 2075- then we can see all time high in gold or we see rejection from 2075 we can see a good rejection in gold till around 1700 - 1650
we are adding position size to our existing net short portfolio and at the time of writing this ariticle/idea our full short position in gold and silver is well justified from the measurement of risk and reward,
The usd index end up moving higher yesterday and the price of gold fell a little bit,this should be seen as sign of strength but mining stocks are...
