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GOLD - SHORT TERM CORRECTION

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Gold seems like being in a short term correction after touching 1315- two year high. A short is recommend if price has a break out of the triangle and the internal trend line. MACD indicator also has a bearish divergence. Support is the yellow areas which coincides with 50% Fibo Retrace from 1199 to 1315.
Trade plan:
- Sell stop @1277.
- Take profit @1260.

After trade is active, I will post a stop loss level.
Nota
Gold is on the verge of breaking out.
syot kilat
Dagangan aktif
Sell Stop order was hit @1278. 100 pips so far. Still targer 1260.
Nota
Stop Loss is set at 1280. Take profit @1258.
Dagangan ditutup: sasaran tercapai
Gold reached $1258. Took profit.

Penafian

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