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MedianLineAnalysis

Gold 5 to 1 R/W short opportunity

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
MedianLineAnalysis  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis Technical Indicators Chart Patterns Gold goldtrading goldtrade goldtradeidea
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trendanalysis indicator chartpattern gold goldtrading goldtrade goldtradeidea
Too bad I missed the exact entry at 1435. But there's plenty of room for gold to drop now up to around 1335. Looking at it from the long term perspective I'd say gold is in a Bear market rally which will take it to 1700 maybe.
So for this trade the entry is: 1425
Stop loss: 1439
Take profit: 1355-1335
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