GOLD 1297-1298 SHORTS

26 апр. 2019 г.

So the major break of the support that was 1282 i feel like this market has the potential to drift even lower. Im hoping to see a push on to the upside to the descending trendline comng from the highs of 20th February 2019 through the highs of march and April, So im looking for a retest of this and a short. This level being 1297-1298 which has acted as previous support before now turned resistance and a nice psychological handle to get short. The daily timeframe also respect these levels nicely. I will then swing a short from that region down through the major support that was 1282 towards 1265-1260.