GOLD Still Bearish , 2 Short Setups Spotted , 1000 Pips Waiting

Here Is My 1H GOLD Chart And Here Is My Opinion , we have a huge movement to downside with amazing 4H very bearish candle that broke 2 supports and closed below and also take the last support @ 4095.00 which was the last support for this week and the price closed below so we still in the main direction as we mentioned always we still very bearish , so we have 2 places to can sell from it , first one will be in area between @ 4095.00 to 4100.00 , it`s a very strong area should push the price to downside again at least for 200 pips , and if the price go higher and want to retest the highest res @ 4130.00 then this will be the last area we can sell from it in this wave and we can targeting from 200 to 300 pips and using a decent stop loss , if we have a 4H Closure above 4130.00 then we might see a little movement to upside .

Entry Reasons :

- Still Bearish
- Broken Supports
- Bearish P.A

Trade chiuso: obiettivo raggiunto

The Price Touched Our Selling Area And Moved +500 Pips

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