GOLD - SHORT SHORT SHORT
Updated
Continue from my previous post :
We took some profit at level 1560 - 1580 (Orange boxes) since the drop is sharp enough, and we expected a minor rebound (and YES, it happened !) as shown in the white boxes.
So, what are we gonna do next?
SHORT. Exactly. 1595 - 1609 (the white box) is where we want to short. Risk - reward of 3 is pretty good for me.
Why short? Same reason. you can refer to the link attached above if you have missed the opportunity previously.
Do follow Rule_no1 for more write-ups. Stay tuned. More to come tonight!
Rule_no1 : Keep your risk consistent in trading.
Cheers and happy trading :)
We took some profit at level 1560 - 1580 (Orange boxes) since the drop is sharp enough, and we expected a minor rebound (and YES, it happened !) as shown in the white boxes.
So, what are we gonna do next?
SHORT. Exactly. 1595 - 1609 (the white box) is where we want to short. Risk - reward of 3 is pretty good for me.
Why short? Same reason. you can refer to the link attached above if you have missed the opportunity previously.
Do follow Rule_no1 for more write-ups. Stay tuned. More to come tonight!
Rule_no1 : Keep your risk consistent in trading.
Cheers and happy trading :)
Note
Congrats to those who followed us ! Hit our TP and we have closed most of our position. More updates to come, stay tuned!
Cheers & Happy Weekends :)
Trade closed: target reached
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