TVC:GOLD   CFDs on Gold (US$ / OZ)
After exceeding the 70 mark RSI at 1900, and as expected a SHORT began, the market closed in a RANGE. However, based on the ATR of 3.84 and an expected SHORT from the RSI, it is safe to enter the trade at 1896, giving allowances until a definite SHORT is eminent; putting TP1 at 1888 and SL at 1899. I am a Scalper so i am in for a few sure PIPS and out. If the flow is favorable TP2 is sure to be a win too.
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