atin28

Gold at strong resistance level at 1300 may be a sell can be

Short
atin28 Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold Outlook: Gold continued this sideways movement from March-2017 within 1200$-1300$ range, Over all most of the moving averages and indicator are showing buy at this level but I preferred a Sell at this level 1290-1296 with stop-1302-1307 and Target-1270/1250/1220 and only a buy can be done when Gold does close above 1300 level on daily basis, Now a days inverse relations are not work properly with Gold and Index and Index are not showing that much level of bearishness so go with sell at this level for now.
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Trade closed: stop reached

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