Gold Correction Move Short

Apr 3, 2017

Gold Correction Move may give us a good
shorting opportunity.

1252.77 is the 0.618 level.

AB=CD Measured Move at 1255.21

Can use Multiple Entry, I.E.
0.5 lot at 1252.77, 0.5 lot at 1255.21
if you are using a total of 1 lot size position.

If a strong bullish candle close above 1260
then exit the short trade.
else, just hold the short to multiple target.
TP1: 1240.00
TP2: 1227.00
TP3: 1207.00

Apr 3, 2017

Note

multiple wicks , good price action.

Apr 5, 2017

Note

1255 added another short. now is doing good