jigz91

short term downtrend gold

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
as you can see double top was formed from 4 hour chart and market makers was hunting for liquidity around the 1960 (false breakout) and now from here at 1950 i would sell since market makers already got enough liquidity and have the tp at 1926 since the market will be closed soon. but you can hold it and the lowest it can go to is 1900.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.