I am looking to start another short on GOLD in the next hours or days. We had a long term short trade on gold and we are planning to add to it. Looking for a fall to the 1200 level.
I am looking for short signal in the 60 min chart and in the 15 min to increase the chances of success. Right now we have having long signal thus we are not entering yet.
I will send an alert with the short and stop zones
We are getting long signals in the charts below. This means that there are higher changes to lose money. It is better to be sorry than lose money.
60 Min chart gave a long this morning at 1237
The 15 Min chart gave another buy signal at 1245 thus we are not entering short yet