mohemati

#Gold selling opportunity

Short
mohemati Updated   
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
side way corrective move in gold after rejecting from #Bearish_trendline suggesting further possibility of downside move.

price testing Supply area and also failing to close above previous short-term High which coinciding with 200 EMA in 4H time frame, all together creating bearish cluster for price which gives us high probability short position opportunity.

Trade active:
price managed to broke below previous low and now we expect price to reach the target at 1905.

will update this idea again...
Trade closed: target reached:
price just touched 1905$ by pip and my position is now closed.

best of luck to you all

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