Micro Gold Futures

Crossover strategy for shorts

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This is my goto setup for short or long. This just happens to have set up for gold short starting next week. 4 prerequisites: short moving average crosses below long moving average, price falls and then recovers to touch the slower moving average, price closes below the body of the previous candle, then hopefully prices pulls back again to allow one to get a better price for shorts. All prerequisites have been met, so I am looking for traction to the short side on gold for Monday at least, possibly persisting into midweek.

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