peterbokma

GOLD-SELL strategy

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
The stop-loss was protected and now we are starting to break below cloud.
The selling pressure is building slowly as well.

I feel we may see a test of $ 1,800 near-term and therefore we SELL between $ 1,875 - 1,900. We are already short as stated few days ago @ 1,860-1,865 and this position remains. Only new sell follow the 1,875-1,900 sell range.

Profit order @ 1,807 for now.

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