Gold CHOCH to down trend
As indicated by the chart, gold is on a downtrend. I'm considering a short position from the current price and from 2693, with a stop loss at 2705. The targets are 2630 and 2605 to complete the first wave (SL 150 pips and max TP 800 pips).
This scenario becomes invalid if the price closes above 2718.
Please be mindful of risk management.
If you have any ideas or comments, I would be happy to see them shared in the comments.
This scenario becomes invalid if the price closes above 2718.
Please be mindful of risk management.
If you have any ideas or comments, I would be happy to see them shared in the comments.
Trade attivo
first tp .doneTrade chiuso: obiettivo raggiunto
TARGET ALMOST REACHED, CLOSE @2610. DONE
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