peterbokma

GOLD-SELL strategy

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
No change in view. The ascending wedge seems clear with support @ $ 1,993. A break will increase the speed of the down move, is my view.
We are short and will add @ 2,005 again. Gold looks to move south further, and we place our stop-loss to $ 2,047 (financial stop). Profit order @ 1,937.


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