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motleifaul
Feb 6, 2017 12:47 AM

Close to Resistances Short

Gold/U.S. DollarFXCM

Description

These are the 200 MA and the 50 % retracenment of the fall since November. A renewed decline seemes to be more likely insofar.

Trade closed: stop reached

The entrance was to early.
Nvertheless, the idea is right I think. I am wtcing out for another entry. The stop was necessairy to avoid bigger losses however, as usual.

Trade active

I am renewing the short position now at a 3 $ higher price. The idea is still the same.

Trade closed: target reached

I am closing the deal even if this is not my whiched target, but as the price is rising now again I prefer to take the profit now.
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