Gold – Rejection from Trendline Resistance

26 ago

Hello everyone, Gold faced rejection from the ascending trendline resistance and formed a bearish setup. A short position has been taken with stop above the recent swing high and target near 3339 support zone.

Key Points:

• Trendline Resistance: Price failed to sustain above the trendline.
  
  
• Risk Management: Stop placed above 3391 to protect against false breakouts.
  
  
• Target Zone: First support lies near 3339 where price may react.
  

Disclaimer: This analysis is for educational purposes only, not financial advice.

26 ago

Trade chiuso: stop raggiunto