Gold have nowhere to go exept down ✔

18 ott 2020

We see a lot of down potencial, must wait for brake of structure, change of structure on 3H and 4H. If we manage to do that, we will possibly have a double top pattern conformation, retest of neckline and a good trade setup for sell, where we will be risking 200 pips, maybe less, in exchange for 1000pips return which is fantastic! R/r in this case will be 1:5, maybe grater, it depends of our zones of retest. So be patient and wait for CHANGE of STRUCTURE.