Gold Spot / U.S. Dollar
Short
Updated

Bearish pennant pattern active. Active SELL

1 251
✏️Gold price is forming a triangle accumulation pattern. That shows the hesitation of investors at the moment, they may be waiting for important economic indicators of the US this week. Just an impact that makes Price break out of the triangle border can create a strong FOMO trend. The price line is quite similar to the bearish pennant pattern and heading towards really strong support areas.

📉 Key Levels
  • SELL Trigger: Break bottom line 3324
  • Target 3285, lower is the 3250 area
  • BUY Trigger: Break and trading above 3333
  • BUY Trigger: Rejection and confirmation of candle at 3285

Leave your comments on the idea. I am happy to read your views.
Trade active
Hit TP 3328 + 400 pips . Congratulation all
Trade closed: target reached
Follow master candle for today's SELL strategy


Update new strategy + 200 pips profit
Note
congrats to the members who followed my strategy. i will update new strategy soon

Disclaimer

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.