TRADE TYPE: PENDING SHORT ORDER SELL LIMIT PRICE: 110.518 STOP LOSS: 110.964 TAKE PROFIT: 110.072 REFER TO THE RELATED LINK FOR THE TECHNICAL AND FUNDAMENTAL IDEA BEHIND THIS TRADE SETUP. I SHALL KEEP UPDATING IN THE THREAD BELOW. CHEERS
Gold price continues to fluctuate around 1229.32 level, showing sideways and tight trading, noting that the EMA200 forms negative pressure against the intraday trading to keep our bearish trend expectations valid, waiting to head towards 1200-1210$ area mainly. Therefore, i will continue to suggest the bearish trend in the upcoming sessions, reminding you that...
Please see annotated chart for details.