theoris

Short Gold

Short
theoris Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
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Comment:
sl around 40 pips
TP 1475 - 1482
I have many loss from last idea and waste time to fix it by hedge.
Gold , I think it is finish ret.
last low around 1459
Now I trade in counter trend . so risk yes.
and I prepare to buy back in trend .
and after finish pullback Gold should go to new high again around 1570+

*** use S/L or always plan when it loss ***
Comment:
profit around 10 pips now
This is counter trend.
it is short term so I always move sl to be
and prepare to buy back .
when candle is reversal.
Trade closed: stop reached:
unfortunately it hit my break even
so I don't re-entry .
still keep buy on dip
or wait it drop to buy only
*** USDJPY look more bearish so I don't sell gold in counter trend again.

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