Gold Daily Short Area Possible(Same for silver!)

Lunar--Yellow line marks 2 days prior to last quarter of moon. New wave down possibly begins. Place a sell trade just a few pips below today's closing daily candle. Stop loss a few pips above high of prior days green candle. 2 to 1 reward/risk. The channel shows areas of prior support/resistance that provide extra clues that this may be an area of resistance. Price action is now showing bearish at this level.

تعليق:

Also if you draw a horizontal line at the prior low set on 05/30/16 you see that price is now around that area which is another potential resistance area.