in our previous analysis we mentioned the targets of gold whether a drop happens. first target has achieved and now if you have missed the move, selling would be only logical from the sell zones plotted on the chart with a stop loss above red line and a profit target that reaches second profit box shown on the chart.
I wont be discussing buy scenario here due the low probability, yet if it happens sellers would be happy to enter with bigger positions
I wont be discussing buy scenario here due the low probability, yet if it happens sellers would be happy to enter with bigger positions
Trade closed: target reached:
Second target also achieved without pulling back and let us add to our position
I would like to sell again between 2345-2350 and 2362-2367
I would like to sell again between 2345-2350 and 2362-2367