GOLD TRADE SETUP

GOLD TRADE SETUP

11 May 2020, 20:34
Lalit Matta
0
82
The 4 hour right side is up against 8/16/2018 low (1159). 1 hour is turning down against 1739 high. Near-term, while bounces fail below 1739 high expect  to extend lower to correct the cycle from 8/16/2018 low in 3, 7 or 11 swings before upside resume. 

SHORT  

@1700-1704 

TP: 1680 
SL: 1715 

GOOD LUCK !
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