Our medium-term Gold Short Trade reached the target. Price tested $ 1286
Latest technical readings indicate bearish continuation. And the first key support resides 1269.38 where a major Bullish Reversal Three Drives pattern would be completed.
We plan to sell potential pullbacks towards 1296 - 1300 region.
We have a Bullish Shark Pattern for intraday traders.
Trade Setup is as follows:
Pattern: Bullish Shark
Recommended Lot Size: 0.10 Lots @ 10 K
Accuracy: 86%
Entry: 1287-1285
Stop: Below 1280
Target1: 1291
Target 2: 1296
Target 3: 1300
Note: Target levels are determined by MM Calculation. They may vary 3-5 pips according to the completion level of the predicted patterns.
Latest technical readings indicate bearish continuation. And the first key support resides 1269.38 where a major Bullish Reversal Three Drives pattern would be completed.
We plan to sell potential pullbacks towards 1296 - 1300 region.
We have a Bullish Shark Pattern for intraday traders.
Trade Setup is as follows:
Pattern: Bullish Shark
Recommended Lot Size: 0.10 Lots @ 10 K
Accuracy: 86%
Entry: 1287-1285
Stop: Below 1280
Target1: 1291
Target 2: 1296
Target 3: 1300
Note: Target levels are determined by MM Calculation. They may vary 3-5 pips according to the completion level of the predicted patterns.
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Link to services and products: linktr.ee/chartreaderpro
