This is a quick, very short-term idea for today only.
This could be a nice SHORT to around 1280 level. If this hourly candle will close below that steep trend line, then I am aiming for the "neckline" on this potential Head-and-Shoulders. If we break the "neckline", then we're off to around 1280.
This is just an idea for today, as I am still very positive about the BUYING idea on Gold.
Be careful and keep an eye on the price action!
This could be a nice SHORT to around 1280 level. If this hourly candle will close below that steep trend line, then I am aiming for the "neckline" on this potential Head-and-Shoulders. If we break the "neckline", then we're off to around 1280.
This is just an idea for today, as I am still very positive about the BUYING idea on Gold.
Be careful and keep an eye on the price action!
Comment:
Good trade.