Paxos Gold suddenly pulled back to 100EMA and RSI looks oversold, a bounce seems likely. This is obviously due to Bitcoin recent recovery, let's hedge our Satoshi bag here!
Risk/Reward= 1:1.5 Expected Profit= +12.0% Possible Loss= -8.0%
Trade closed: stop reached
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SL was hit with -1.0R
Paxos Gold did not bounce where expected and continued with the retracement down against Bitcoin. Now sitting on ascending trendline, which is also 50MA weekly support, a move back to 100EMA seems likely.