In the beginning of the last week of February, we expecting Gold to decline. There are several factors on small time frames, but also appear signs on larger time frames.
In fact it is difficult to predict an asset when it discovers new higher highs, but there are methods to determine the turning points. In past few weeks we expected price to close down to psychological level of $3'000 and it is close, but we don't expect to reach it. So in this case we enter in short positions with long term swing target of over $200.
We publish 2 trading ideas in one: one is more intraday, another one is long term swing trading idea.
In fact it is difficult to predict an asset when it discovers new higher highs, but there are methods to determine the turning points. In past few weeks we expected price to close down to psychological level of $3'000 and it is close, but we don't expect to reach it. So in this case we enter in short positions with long term swing target of over $200.
We publish 2 trading ideas in one: one is more intraday, another one is long term swing trading idea.
交易進行
Move stops over 2962, cause there are a probability to take liquidity over the top. 交易結束：目標達成
The target had been reached at $2'840
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