The Biggest short on my list this week.
I'll explain
1. Rejected off Fib level 160.83
2. Rejected from 200sma (Gold wave)
3. Volume falling off a cliff
4. Money flow over bought on 2-4 hour timeframes
5. Outside its Daily Bollinger bands
Entry-Below 160
Stop 163
Target - 150
If it breaks trendline support I'll re-enter short
I'll explain
1. Rejected off Fib level 160.83
2. Rejected from 200sma (Gold wave)
3. Volume falling off a cliff
4. Money flow over bought on 2-4 hour timeframes
5. Outside its Daily Bollinger bands
Entry-Below 160
Stop 163
Target - 150
If it breaks trendline support I'll re-enter short
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