GOLD SELL: Weekly, Daily & 1hr analysis

Gold Thesis

Weekly: Gold has over extended to the upside and has stopped at $1532 rejecting off it and last weeks candle closed as a spinning top signalling a slow down in bullish momentum.

Daily: After bouncing off $1532 price is now selling off and has now closed below $1506 changing gold structure to bearish. Next likely target $1469.

1hr: After break below $1506 now waiting for pullback into level/ 50% fib before looking for a sell off to $1469.

Operación activa

Operación cerrada manualmente:

Pulled out if Gold. About 80-90pips in

Comentarios:

move stop loss passed break even

Comentarios:

Stop loss hit at break even