GOLD short - short term Short

Gold/U.S. DollarFXCM

Description

⋅ Feb 29, 2016 1:09 AM

I will give one more try to a gold short this night.

Selling short at the hourly 10 EMA. (1223)
Stop goes to 1227.
Target : 1179.6 (Daily chart Fibonacci 38,2%) - but I might take profit at the hourly 500 EMA (1192 today)