Are your ready for the next downfall on GOLD?

 

We're still expecting another downfall on GOLD, and that's the idea while we're in a downtrend.

Right now, price is at resistance and that's a good moment to sell. 

While market is below 1760 it's more likely to see a drop rather than price accelerating.


Those are the trades that we're looking for - short trades. We're always looking for the higher probability.

Right now we even have a decent risk to reward ratio, therefore if we get an engulfing signal then we would consider this as an entry signal/ 


Price has already completed some of that move so if you will be entering do not use a big lot size! 






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