As GOLD is retesting its previous week's high at around 1985 area which is the first significant resistance level. Therefore, it is more favorable for the bears to re-appear to start scaling in short/sell positions again
Plans:
- Scaling in short/sell positions in between 1975-1982
- Stop Loss if the price breaks 1985.5
- Take profit at 1955, 1940 respectively
Plans:
- Scaling in short/sell positions in between 1975-1982
- Stop Loss if the price breaks 1985.5
- Take profit at 1955, 1940 respectively
