Hi traders,
this is my view of the daily chart of gold. I will wait for a retest of the broken zone for a good short entry.
So we can go swing sell with a low risk at 1287 (1289). I will but my stop at 1296 und my TP1 1276, TP2 1266 and TP3 1252.
Over all I see more buy power on gold after a reversal.
So let make some money with the bears befor the bulls came back to the market.
Have a good trading week.
Stefan Forex
this is my view of the daily chart of gold. I will wait for a retest of the broken zone for a good short entry.
So we can go swing sell with a low risk at 1287 (1289). I will but my stop at 1296 und my TP1 1276, TP2 1266 and TP3 1252.
Over all I see more buy power on gold after a reversal.
So let make some money with the bears befor the bulls came back to the market.
Have a good trading week.
Stefan Forex