Gold Futures (Dec 2022)
Short
Updated

High probability short opportunity incoming.

110
The chart says it all, set your alerts, and comment below if you take this trade!

I have a second Gold short idea on my page, give it a look... You may agree with that idea more!

Thanks and good luck!
Note
I am interested in this trade, but I am going to wait until it gets to the top of the larger parallel channel and let it form some bearish divergences.
Note
This short is doing well, anyone take this trade? I ended up waiting until gold visited the top of the P Channel (green) to take the short. Target: 1,577
Note
$1,577 is a GP ratio and bottom of the small P channel noted on the chart.

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