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trustbrokergroup
Oct 4, 2017 9:22 AM

GOLD SELL - 04/10/2017 Short

GOLD (US$/OZ)TVC

Description


Gold stopped its fall and started trading in the local consolidation. A pretty large volume accumulation is located in this range, so it is better to trade this instrument after a confident exit of the price from it. Given the local downtrend we should give preference to short positions. We can enter the market after a sure breakdown of the local minimum. A potential of the fall is 120-130 pips.

The bottom line: short positions are in priority.
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