GC1! Gold futures. Who's ready to short?Good morning traders.
I'm quite interested in a short swing trade on gold futures quite soon. It appears we have some divergence happening coming into major weekly resistance zone. This divergence/resistance combined has created some bearish pressure enough to impulse past the first valley of 1320 area. I believe with all these signals together we could form a decent short position taking profits as we retest zones 1250's and 1220's using the current swing high of 1350 as my stop.
Remember to always manage personal risk and follow through with your trade plans!
*Will update trade idea as we go if people are interested.
Please leave a comment or a thumbs up if you agree.
Enjoy and good luck traders!
Gc1!short
AUD - GOLDFrom my analysis (not listed here) i suppose that gold is on top for now. Because of corellation with AUD (analysis is primary the same as for gold) i was entered short AUD/USD at price 0.7540 - 3.5.2016. best day to enter was 27.4.2016 at price 0.7650.
If you are trading GOLD you can enter SHORT NOW, best enter for me was 9.5.2016 at price 1275.
EXIT is trialing stop.
I don't wish you good luck, i preffer probability and statistic, luck is important especially in casino :)
* ARROW is not profit target.