Hello, As we said yesterday the shoot out to 1865 was highly expected and the target was hit, today we looking at falling trends during the day, so far the fall to 1836 is our first TAKE PROFIT TARGET but we as well expect the fall even lower possibly to 1825-30 during the day, for those with low equity kindly don't take on this trade without extra caution, those with equity higher than 1000 this is your trade, you can take the selling position instantly and yes with a small lot size..meanwhile guys wish you all the best on this and let's make them blues...
Trade active:
Gold has become stagnant but it does not mean it's not falling, this is the reason to as why i asked whoever was taking the open position to have a strong equity set up and at the same type ensure they use a considerate lot size..the fall is certain we are still expecting it, the waves have become unbearable, tides coming in hot but as always our bottom line is 1836.. fingers crossed let's have patience and let the blues come in hot...
Trade closed: stop reached:
As i had indicated earlier our target fall to 1837- 25 was hit yesterday, those who took the trade earlier on when i had just posted have made enough strong blues..