Gold saga continued
I am still short gold with my ideal price targets noted with down arrows.
You can see that price is retesting the neckline. If this 4h candle close below neckline it is a good case to continue short.
If this 4h candle closes above neckline I will likely close my short and look for another entry
Price is starting to get squeezed by the Hull MA so volatility is likely to increase.
Gold has broken out of its channel and down below the rising wedge .
My bias is still to be short. But as new evidence comes in this could change
You can see that price is retesting the neckline. If this 4h candle close below neckline it is a good case to continue short.
If this 4h candle closes above neckline I will likely close my short and look for another entry
Price is starting to get squeezed by the Hull MA so volatility is likely to increase.
Gold has broken out of its channel and down below the rising wedge .
My bias is still to be short. But as new evidence comes in this could change
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