GOLD SHORTS
Updated
HIT MONTHLY RES OF 1370.00 PLENTY OF REJECTION AROUND THIS LEVEL TOO
POTENTIAL REVERSAL NOW
RR 1:3
TARGETS SHOWN AS BLUE LINES FROM STRUCTURE
WANT TO TAKE ADVANTAGE OF THIS LITTLE SHORT
GOLD-0.52% CAN MOVE FAST TOO SO TIGHT STOPLOSS
POTENTIAL REVERSAL NOW
RR 1:3
TARGETS SHOWN AS BLUE LINES FROM STRUCTURE
WANT TO TAKE ADVANTAGE OF THIS LITTLE SHORT
GOLD-0.52% CAN MOVE FAST TOO SO TIGHT STOPLOSS
Note
Holding shortsNote
Its important to note when trading commodities such as GOLD they are really volatile and trading intra day needs careful attention for changes in direction....it could mean you take 60-70percent of your target and close the trade. Such as hereTrade closed: target reached
350 odd pips later too profit as its found support
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