mljones

Highly Bearish Outside Week Bar Ends 5 Wave Impulse

Short
COMEX:GC1!   Gold Futures
Shorting from resistance region will be my intraday strategy, when it get back to the bottom of the pitchfork trend line that matches the old 4 point region will be looking for accumulation pattern to go long.

Path back to support will be choppy and hard to trade since it's going against the overall long term upward trend. Selling the retests of top of the day region with tiny risk will work better than chasing moves by shorting the bottom.
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