GoldSilverAnalyst

Herd Mentality Destroys Your Returns

Short
FX:XAUUSD   Gold Spot / U.S. Dollar
Having a good idea, beforehand, where the buy and sell stops are located can give an active trader a better idea regarding at what price level buying or selling pressure will become intensified in that market.

Buy Stops -1238 buying pressure)
1245
1250

Sell Stops- 1220 selling pressure)
1210
1180

Our Active position
Short Gold -0.41% 0.32% 0.29% -0.22% now-(1223)
SL: 1245
TP: 1200

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