GOLD – SPOT: Selling On Retracement
GOLD – SPOT: Selling On Retracement Whilst Under $1787 - $1805 Resistance Area
Price Action: Price moved lower from the Bearish Pin Bar Signal that had formed late last week (We did not consider trading this signal, nor did we mention it).
Price moved lower from within the range of the Bearish Pin Bar Signal that had formed on Wednesday, August 10th (We suggested trading this signal in the August 11th members' daily newsletter).
Potential Trade Idea: We are considering selling on a retracement higher whilst price remains under $1787 – $1805 short-term resistance area that coincides with the recent Bearish Pin Bar Signal that had formed on Wednesday, August 10th.
Price Action: Price moved lower from the Bearish Pin Bar Signal that had formed late last week (We did not consider trading this signal, nor did we mention it).
Price moved lower from within the range of the Bearish Pin Bar Signal that had formed on Wednesday, August 10th (We suggested trading this signal in the August 11th members' daily newsletter).
Potential Trade Idea: We are considering selling on a retracement higher whilst price remains under $1787 – $1805 short-term resistance area that coincides with the recent Bearish Pin Bar Signal that had formed on Wednesday, August 10th.