GOLD retrace, ready for a LONG position 4HR
Updated
Gold has retraced on hte 4hr chart to previous resistance level at around 1071.
I have opened a long position aimint to get some profit at previous resitance level 1088
I have opened a long position aimint to get some profit at previous resitance level 1088
Trade closed manually
Teh price is not moving in hte direction I thought it would.It has been stalling around 1072 for too long and therefore I decide to close this trade with a loss of 18 pips.
-18 pips
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