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Adamsb
Jul 13, 2018 8:28 AM

Short GOLD if it breaks. Short

GOLD (US$/OZ)TVC

Description

Gold has reached an ascending trend line. If it breaks that trend line, we will very likely experience GOLD reach the price of 1125 pr. OZ. That price is based on equally distant moves and last lows.

But remember this trade should only be executed in case it breaks the trend line.

Trade active

Comment

Stop to B/E. Trade is now risk-free. We will look after places to add to the trade.

Comment

Add to trade. I advice you to make a 70% position.

Comment

Move stop so that the whole position, worst case scenario, goes to B/E.

Comment

Add and move stop again.

Comment

Add, and move stop just above last high.
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