Gold Short Trade *TRENDLINE RETEST AND CONTINUATION*
Lower highs and now a clear lower low made on Gold.
Multiple 4hr support zones and trendline broken. I am now shorting gold in the hope it continues this bearish trend and forms this new lower high and therefore a lower low.
We have the trendline retest and fibonacci 0.618 retracement level at this entry zone. There is also a fib -0.618 extension on the previous bullish pullback wave.
Multiple 4hr support zones and trendline broken. I am now shorting gold in the hope it continues this bearish trend and forms this new lower high and therefore a lower low.
We have the trendline retest and fibonacci 0.618 retracement level at this entry zone. There is also a fib -0.618 extension on the previous bullish pullback wave.
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