Gold fall

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Gold has broken the psychological barrier of $1,300 and the key support at $1,295.there is downside room to $1,236 and no signs of buyer support anywhere. On the hourly there have been 4 re-tests of $1,295 that have failed with lower highs and accelerating lows, this is a string bearish sign. Good low risk entry to add to this trend.

New short from $1,290
Immediate short term target of $1,280
Target $1,260
Stretch target $1,236

Hourly picture is clear: DOWN!

٢٢ مايو ٢٠١٨

تم فتح الصفقة

Short entry $1,290

٢٢ مايو ٢٠١٨

أغلقت الصفقة: تم الوصول لوقف الخسارة

٢٢ مايو ٢٠١٨

تم فتح الصفقة

New short entry $1,291 after another failed test of $1,295 resistance.