The Ideal Gold Short
Hi traders.
Expecting gold to weaken as many economies begin to reopen, and lock downs across Europe come to an end.
Thus, fundamentally, in the short run, gold should weaken - believe the price is too high for the current situation anyway.
Expecting an intraday move upwards, towards the 1695 resistance region before a pullback and steep fall down.
Creation of lower highs and higher lows - expecting a breakout to the downside.
Like & drop a follow if you agree!
Note: DO NOT FOLLOW THIS TRADE BLINDLY!
Expecting gold to weaken as many economies begin to reopen, and lock downs across Europe come to an end.
Thus, fundamentally, in the short run, gold should weaken - believe the price is too high for the current situation anyway.
Expecting an intraday move upwards, towards the 1695 resistance region before a pullback and steep fall down.
Creation of lower highs and higher lows - expecting a breakout to the downside.
Like & drop a follow if you agree!
Note: DO NOT FOLLOW THIS TRADE BLINDLY!
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