Hello together,
Gold looks really stretched to the upside on the weekly.
On the 4 hour timeframe it looks like a head and shoulders pattern is building up and wants to break to the downside. Its risky shorting such a strong bull market. So I am risking only really small on this trade. What do you think of this idea?
Gold looks really stretched to the upside on the weekly.
On the 4 hour timeframe it looks like a head and shoulders pattern is building up and wants to break to the downside. Its risky shorting such a strong bull market. So I am risking only really small on this trade. What do you think of this idea?
註釋
The Setup isn't valid any longer because gold made a new ATH. The trade got never triggered.
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