Shorts based on Strong Clone Level at 129x area

I was expecting gold to rise to 1400 after the outcome of US election results but Mrs market gave back all the gains it got from that event. I am waiting for the price to retest 129x area which has acted as good level for both up n down. The other possible entry will be below 1278 . Will watch the price weakness in this two areas.

Potential Short Entries :
a. 1295-1291 with stop loss around 1297(for 1291) and 1306(for 1295)
b. 1276 with stoploss 1281 ( which ever comes first)

Potential Directions are marked on Chart as arrows.

Clone levels :
Buy levels: 1305/1319/1334
Sell Levels: 1292/1278/1264

Note: please do your due diligence before placing the trade.

تعليق:

Renko :

تعليق:

Trade1 : target 1 and target 2 for 1291 short hit.
Trade 2: target 1 for 1278 short hit
Closed 50% ,will let rest run

أغلقت الصفقة: تم الوصول للهدف:

closed all trades , will wait for next opportunity