GOLD (US$/OZ) - SIGNAL - SELL/SHORT
Expecting price to come into the $1237-$1240 (green zone) before pushing further lower into the $1127 region (red zone)
My details:
Sell limit @ 1241.10
Stop loss @ 1260.00
Target @ 1130.00
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
My details:
Sell limit @ 1241.10
Stop loss @ 1260.00
Target @ 1130.00
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Trade active
Comment:
selloff triger? . looks like it's about to tank. Shooting right smack in the resistance zone
Comment:
textbook move
