Gold - Short Setup Off Major Trendline Rejection

📉 Gold - Short Setup Off Major Trendline Rejection

Gold has broken down through the rising trendline and is now retesting it — the moment of truth! 🧐

🔻 Short Entry: 3,336
🎯 Target: 3,236 (Fib 1.0 + HVN gap fill)
🛑 Stop: 3,346 (Above trendline retest)
⚖️ Risk/Reward: ~1:10
📊 Bonus: High volume node above adds resistance. Bearish volume profile structure confirms the breakdown bias.

Watching for volume to pick up on the move down. Let's see if GC bleeds into August. 🩸📆

İşlem elle kapatılmış

I should've been looking at the GC2! so close to expiration. I don't like it anymore. Trade canceled.

JoshuaDanford

🚀 Founder of SciQua | Strategy. Simulation. Signals.
TradingView indicators, backtesting tools, weekly contests, and live market analysis.
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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

JoshuaDanford

🚀 Founder of SciQua | Strategy. Simulation. Signals.
TradingView indicators, backtesting tools, weekly contests, and live market analysis.
Join free, compete, win, and stay updated at sciqua.com

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