Looking at the charts, gold has been trading in a bearish descending trend channel, and the exponential moving average is are crossed, Given these factors, I believe that shorting gold could be a good trade.
Trade fermée: cible de profit atteinte
the analyze was on point perfectly it may appears that it hit the tp but it didn't because after the market opened the price made a little gap at the opening above the previous trend channel in green, as you can see the two first candles but they didn't close above the tp, then the price headed exactly to the target.
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.