Gold 0.236 Broken, Next Long Opportunity Active

19 de jul.

Gold has broken the 0.236 continuation level, meaning, we can expect a reaction at the 0.618 with my first take profit region being the 0.236, and then hopefully we can continue momentum for higher highs.

19 de jul.

Trade fechado: stop atingido

As of right now this chart has not reached my stop level, however the momentum breaking through that 0.618 level signals to me more downside is to be expected, and positioning for a short may be more profitable, given enough corroborative evidence.