Short Gold at 1267 level after conformation of Price action reversal signal!
Reason for shorting:
1. Trend line broken
2. Strong long term Resistance
3. Strong 200d moving average resistance
5. 50% fib retracement
Target
1. Harmonic ABCD leg
2. fib 1.618 extension
3. Next Support zone
Reason for shorting:
1. Trend line broken
2. Strong long term Resistance
3. Strong 200d moving average resistance
5. 50% fib retracement
Target
1. Harmonic ABCD leg
2. fib 1.618 extension
3. Next Support zone