Minfintyfunds

MGC/Gold/GC - Short Trade

Short
FXOPEN:XAUUSD   Gold Spot / U.S. Dollar
Weekly outlook look Bearish
Monthly Structure seems Bullish

Bias was bearish because 5am PST didn't respect previous day low and came down to 1806

Idea was that since 5:00 AM PST came down, 5:30 will go up, tag overnight high and then come down to complete down move

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.