Going Short on Gold-23/12/22
Bearish Indication
1. Has not broken previous LH
2. Evening start candle
3. R@1798.09
4. FIB Retracement@0.5
5. Risk on indices are Bearish
Bullish Indication
1. Bullish candles after previous LL
2. FIB Bounce 0.618
Bearish Biased
Plan-A
• Sell on strenght @1797.83
• SL@1804.78
• TP1@1790.88
• TP2@1783.93
Plan-B
• Sell if FIB level of 0.618 is broken @1793.02
• SL on R-level @1798.26
• TP1@1787.78
• TP2@1782.54
Plan-C
• Buy if R-Level is broken @1798.02
• SL on FIB-Level @1793.02
• TP1@1803.02
• TP2@1808.02
1. Has not broken previous LH
2. Evening start candle
3. R@1798.09
4. FIB Retracement@0.5
5. Risk on indices are Bearish
Bullish Indication
1. Bullish candles after previous LL
2. FIB Bounce 0.618
Bearish Biased
Plan-A
• Sell on strenght @1797.83
• SL@1804.78
• TP1@1790.88
• TP2@1783.93
Plan-B
• Sell if FIB level of 0.618 is broken @1793.02
• SL on R-level @1798.26
• TP1@1787.78
• TP2@1782.54
Plan-C
• Buy if R-Level is broken @1798.02
• SL on FIB-Level @1793.02
• TP1@1803.02
• TP2@1808.02
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