MarcellusLUX

Sold Gold@2002, looks like it might reach 1920 this week.

Short
MarcellusLUX Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Hello traders, for those who are following me, you already know
that I entered multiple sell positions in XAUSD on Friday betwen
2001-2005. All the sell entries are in over 400 pips profit. I already
published two idea on Friday and also yesterday, where I recommended
selling Gold.


Based on the daily chart, it seems Gold has peaked and the bearish momentum
is very strong. Of course, I am continuing to take partial profits on my short
entries. However, there is a strong chance of Gold reaching 1920 this week.
So, my idea is to sell the rallies in Gold if price reaches the resistance zone again.
Comment:
Good still looks bearish, selling the rallies is logical
Comment:
Price breaking below 1955 will open the door towards 1920
Comment:
Still bearish and selling the rallies is my plan
Comment:
Falls below 1950, sell from last friday in huge profit now
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