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peterbokma

GOLD-SELL strategy

Short
CFDs on Gold (US$ / OZ) (TVC:GOLD)  
peterbokma  
TVC:GOLD   CFDs on Gold (US$ / OZ)
Trend Analysis
5
0
trendanalysis
The run up has been impressive, but now we are near a correction is my personal view.

The market is overbought and the wide BB and also we are at a high BB%, looks interesting.

Strategy is SELL @ 1,925 and once again @ 1,957 for a move back towards 1,867 for now. Spot-loss maybe @ 1,978.
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