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John_Florence

Talk to me about overextended GOLD

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
John_Florence Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
Support and Resistance Trend Lines GLD Gold
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supportandresistance trendline gld gold
After huge run up, now is the opportunity to short, SL above 1412, 1st TP 1360, 2nd TP 1315. Divergencies forming on all higher timeframes with DSI screaming pullback needed before resuming trend.
Enjoy! PS: Was good to exit our recent try on GOLD short. Now we can short higher! :)
Trade closed: stop reached
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