Very important level in GOLD. SHORT sell
Hi Folks:
We have had a slight (false?) breakout of the all time high resistance trendline and I believe we are about to pullback from 1835 level as in the previous 3-4 attempts.
Failing to do so we could have another resistance at 1860 level and nothing else till 1916, previous high.
My idea remains unchanged at the moment and my protection (partial hedge) is set at 1841 just in case.
All the best. Cheers.
GOLD
If you liked the idea, don't forget to click on LIKE and support my free charting by FOLLOWING me :)
We have had a slight (false?) breakout of the all time high resistance trendline and I believe we are about to pullback from 1835 level as in the previous 3-4 attempts.
Failing to do so we could have another resistance at 1860 level and nothing else till 1916, previous high.
My idea remains unchanged at the moment and my protection (partial hedge) is set at 1841 just in case.
All the best. Cheers.
GOLDIf you liked the idea, don't forget to click on LIKE and support my free charting by FOLLOWING me :)
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