jordanmac

gold update

Short
jordanmac Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
price had finally made its way to the downside after we seen price 1290 area. The strength in US dollar after NFP caused gold to drop over 100+ pips. This is now a risk free trade as my TP is at 1270,

Price is currently retesting the counter trend line, after breaking out of the wedge formation. I can see some futher downside on this pair, before we look to head back up to the 1300-1320 area

#JugFX
Trade closed manually:
as expected we did see some further downside on gold, before price started to make its move to the upside, i was expecting price to reach the 1300-1320 area which its currently trading at

#JugFX

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