GOLD went up rapidly yesterday 1340 is the last high area in FEB And now GOLD touches the 1340 again, but it has a strong resistance. We can see that the 618 level is in the area too.
So we can consider to short the GOLD. Aim to 1317
Note
Gold falls well
Now is 1326, we can take some partial profits and watch for the 1317
Trade closed: target reached
Perfectly touch the target. We sell at 1335 and take the profit at 1317. We get 180 pips!
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