theoris

Quick short Gold

Short
theoris Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Bearish confirmation from Monthly close.
detail in chart
Comment:
Weekly and Daily close lower than baseline and form H&S
TP1 1448
TP2 1443
TP3 1411
TP4 1380 (worst case for gold drop)

S/L manage by %Risk
Comment:
profit 70 pips and back to sell zone again.
if you partial close and move sl to be may be exit.
and try to sell more in red zone by sell limit and sell at market price
Comment:
if you does not set sl to be when profit
and Gold break 1488.5 please cut loss first because trend nay change
Trade closed: stop reached:
after news hit sl
Comment:
I still short on after news. to 1471
Comment:
i miss again gold can go higher more than news comes again.
it should go to 1500+ tonight.
I close all short .
Comment:
more than 1500
near res. 1502
if can pass go to 1507

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