h_ahlgren

Shorting the Gold.

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
We are approaching the upper trend line, and it has shown resistance before at this line. Therefore I believe shorting gold is a good idea, and if it breaks the trend line you have placed a stop-loss around 1710-1715.
If it goes down and you...
finish at 1695, you have a ratio of 3x
finish at 1675, you have a ratio of 9x
(both are support levels)

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