Gold Renko Short
Trade Gold if :
1. The upper trendline holds beneath 1345.
2. Breakout to downside.
3. Retest of lower trendline for resistance.
4. Renko confirmation of 2 reversal bricks.
Then
1. Short with target aiming for prior swing low.
2. Stop loss above initial reversal brick.
1. The upper trendline holds beneath 1345.
2. Breakout to downside.
3. Retest of lower trendline for resistance.
4. Renko confirmation of 2 reversal bricks.
Then
1. Short with target aiming for prior swing low.
2. Stop loss above initial reversal brick.
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