HIT MONTHLY RES OF 1370.00 PLENTY OF REJECTION AROUND THIS LEVEL TOO
POTENTIAL REVERSAL NOW
RR 1:3
TARGETS SHOWN AS BLUE LINES FROM STRUCTURE
WANT TO TAKE ADVANTAGE OF THIS LITTLE SHORT
GOLD-0.52% CAN MOVE FAST TOO SO TIGHT STOPLOSS
POTENTIAL REVERSAL NOW
RR 1:3
TARGETS SHOWN AS BLUE LINES FROM STRUCTURE
WANT TO TAKE ADVANTAGE OF THIS LITTLE SHORT
GOLD-0.52% CAN MOVE FAST TOO SO TIGHT STOPLOSS
Comment:
Holding shorts
Comment:
Its important to note when trading commodities such as GOLD they are really volatile and trading intra day needs careful attention for changes in direction....it could mean you take 60-70percent of your target and close the trade. Such as here
Trade closed: target reached:
350 odd pips later too profit as its found support