Prepare your umbrella gold (short setup for gold)
Gold now in bearish channell.
U can open low risk short position from 1262-1266 to 1252-1254
+1W and 1D Stoch
+1D MACD
+4h Stoch MACD and etc.
+ Fundamentally all risk from last 3 weeks are almost disappeared.
-IDK, but some traders are sure that 1M picture is bullish. I don't think so.
Downside movement can be rejected only if market will be disappointed in tomorrow's data.
Take care.
Trade well
U can open low risk short position from 1262-1266 to 1252-1254
+1W and 1D Stoch
+1D MACD
+4h Stoch MACD and etc.
+ Fundamentally all risk from last 3 weeks are almost disappeared.
-IDK, but some traders are sure that 1M picture is bullish. I don't think so.
Downside movement can be rejected only if market will be disappointed in tomorrow's data.
Take care.
Trade well
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