LeoYao

Short Gold Around 1255 To 1260

Short
LeoYao Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
11
Comment:
Sorry I was on the plane to Japan.Now is around 1232, PL1 has hit, 255 pips already get. Wait for 1225. Please note that 1255 has strong support, plz take partial profits and move down ur SL once hitting 1225
Comment:
Gold strongly drop below 1225. can wait for drop below 1200 then. PL2 hit
Comment:
Wait for retrace back to 1226 to1228 to add more short position if market gives the opportunity
Comment:
If it drops below 1210 next Monday, it will easily to drop to 1200 or 1190
Comment:
The price dropped to 1206.91 this morning and I closed partial position around 1209. 485 pips has been earned. The rest short position just wait for further PL goals and set protective SL. Consider to open more short position when Gold completes pull back
Comment:
www.tradingview.com/chart/4UwABtvN/

We have many chances to add position to short GOLD in the ellipse I highlighted in above hyperlink.

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