Gold showed negative movement to close at $1326. Gold is expected to traget the 14-MA where fall below will lead to further decline towards $1303. Upside will face resistance at $1344. Oscillator and RSI generated a sell signal.
My Idea to sell on 1338-1340 and stop loss at 1344.
Trade closed: target reached
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I made some profit from this trade but it does not work as expected.