Hey guys, this is what I think about Gold next week.
The trend remains bearish until it is broken.
I see a nice structure resistance at 1183 which coincides with a ABCD pattern completion.
My take is to continue shorting Gold with stop loss around 1200.
Conservative TP will be at last week's low around 1160.
EP: 1183
SL: 1200(17)
TP: 1160 (23)
The trend remains bearish until it is broken.
I see a nice structure resistance at 1183 which coincides with a ABCD pattern completion.
My take is to continue shorting Gold with stop loss around 1200.
Conservative TP will be at last week's low around 1160.
EP: 1183
SL: 1200(17)
TP: 1160 (23)
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