Gold overdue correction may be here now.

Mis à jour
Daily and 4H chart pattern is ascending triangle. Wait for 4H bearish break for confirmation to enter.

Watch the blue boxes as target and reaction, if there is no bullish candle, keep shorting.

I am expecting to go below 1700 area.
Note
snapshot
Note
1745 area, break below will proceed to 1721 area.
Note
snapshot
Note
If bullish engulfing, this structure is invalid.

snapshot
Note
Just re-enter another short..

snapshot
Note
Keep SL tight.
Note
Gold already move about $20 from lower 59, it wont break higher today... in fact...
I forgot about 0.786 area..

snapshot
Note
If Daily candle is above 1765, put SL at BE around 1778. Price may continue going up. Nobody can predict. Either you TP or let the trade run...
Note
4H engulfing... I have decided to pull out from gold trade this week.

snapshot
Note
Re-enter short 1777, SL 1795. Bull cannot trade above 1778. Is a sign.. Let's see.
Note
Waiting for the reaction here..

snapshot
Chart PatternsTrend Analysis

Clause de non-responsabilité