SELL TRADE SHORT TERM
Top of Bull Flag sell entry at 3300 with stop loss at 3330, playing down to 3130 that marks the 38$ fibo retracement. TARGET1
If this supports break I will add to sell trade with TARGET 2 at 3010 that meets the 50% Fibo Retracement.
From here I would manage the 50% and 61.8% Fibo support levels for possible buy entries with target at $4000.
Top of Bull Flag sell entry at 3300 with stop loss at 3330, playing down to 3130 that marks the 38$ fibo retracement. TARGET1
If this supports break I will add to sell trade with TARGET 2 at 3010 that meets the 50% Fibo Retracement.
From here I would manage the 50% and 61.8% Fibo support levels for possible buy entries with target at $4000.
Trade active
This trade was stopped out and we have a bull flag breakout, GOLD to go to $4000 soon
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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.