Gold Short during Asian Session
Gold failed off its highs and had come back down. The opening candle today was bullish and brought price up to a resistance at 1726.92.
Here, a Dark Cloud Cover was formed on the 15 min. This was followed by a doji and a bearish engulfing to confirm the downward movement.
There was a small trendline created. After price broke below, I sold. I held the sell for about 29 pips.
Price continued bullish and broke through the longerterm trend line.
I also was aware that there could possibly be more bearish movement happening which is another reason I chose to short.
Here, a Dark Cloud Cover was formed on the 15 min. This was followed by a doji and a bearish engulfing to confirm the downward movement.
There was a small trendline created. After price broke below, I sold. I held the sell for about 29 pips.
Price continued bullish and broke through the longerterm trend line.
I also was aware that there could possibly be more bearish movement happening which is another reason I chose to short.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.