GOLD SHORT OPPORTUNITY!!!
The price yesterday closed with a very power bearish outside candle . This is what i call 'an Asian false breakout and reversal setup'. Setups like these we trade them live, therefore since i missed the break to the downside, I am going to have to catch a 50% retracement for a better short entry price. mind you, remember signals formed on strong weekly levels the price tend to respect the and follow through. I have be watching this price like a hawk. therefore let us see how it plays off.
Good Luck! :)
Good Luck! :)
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