Update: first target hit
Update: closed second half at 1258 following the major rejection today.
Profit(pips)= 230+160=390
I expect gold to spike higher on risk aversion . The short term technical picture has improved significantly as well, as i discussed in my previous analysis.
This is a risky trade and may not work, but as the upside potential is really big i would be happy losing :)
Update: closed second half at 1258 following the major rejection today.
Profit(pips)= 230+160=390
I expect gold to spike higher on risk aversion . The short term technical picture has improved significantly as well, as i discussed in my previous analysis.
This is a risky trade and may not work, but as the upside potential is really big i would be happy losing :)