GOLD IDEA READ DESCRIPTION FOR DETAILS
Updated
Gold has slowed down after its impulse buy off earlier this week. The price has now double topped (4HR) at the top of the downtrend line, the 38.2 FIB Retrace and a large resistance from earlier this year. Trade with caution. Manage your risk. Looking for a short down to 1206 with stoploss at 1239.
Trade active
Trade is sitting 93 pips in profit right now. Please close half of your trade (if twin trading) and move your stop-loss into profit. This is now a risk free trade. Watch for potential reversal around 1212.70.Trade closed manually
Close this trade to be safe!
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