Updated

Gold short term chart

Short gold through GLD puts, here's what I'm looking at....

Gold has been making consistent sized down moves lately, target arrow shown.

Note

All arrows are the same size

Note

Down 1% so far, broke that bear flag from Friday. Closing this if it hits my target Mon or Tues

Trade closed manually

Bounced back during Euro hours and tracking the market. Decided to close it out and take a break today because I think the market is just gonna whipsaw and gold with it

Note

LOL, should've stayed with the trade. I plot better than I trade sometimes

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.