#Gold selling opportunity
Updated
side way corrective move in gold after rejecting from #Bearish_trendline suggesting further possibility of downside move.
price testing Supply area and also failing to close above previous short-term High which coinciding with 200 EMA in 4H time frame, all together creating bearish cluster for price which gives us high probability short position opportunity.
price testing Supply area and also failing to close above previous short-term High which coinciding with 200 EMA in 4H time frame, all together creating bearish cluster for price which gives us high probability short position opportunity.
Trade active
price managed to broke below previous low and now we expect price to reach the target at 1905.will update this idea again...
Trade closed: target reached
price just touched 1905$ by pip and my position is now closed.best of luck to you all
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