Gold Short: the Wyckoff model.

GOLD SELL at PRICE 1955 - STOP LOSS at 1965 - TAKE PROFIT at 1928

For this trade I am applying Wyckoff model.
Indeed, we are now in a distribution area after a market mark-up. A distribution is followed by a mark-down. That's why I am short.

Thank you

Commento:

Move Stop Loss at BE

Trade chiuso: stop raggiunto:

STOP LOSS HIT