Gold Short - Triangle
Updated
Sell Gold with stop loss above $1928 (closing basis) with a target of $1840 to $1780 downside. This is fo educational purpose only.
Note
Gold made a low of 1852 today, one can cover 50% or more short position here and as per risk appetite wait for second target of 1780. However, there is a possibility that gold can recover upto 1890 before going further down.If your risk appetite is low you can put a trailing stop of profit booking above 1890 closing basis for balance short positions.
For educational/demo purpose only.
Trade closed: target reached
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