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darth.stocks
Jul 16, 2016 12:55 PM

COT Report Gold: starting too be interesting Short

Gold/U.S. DollarFXCM

Description

So, after having started a short at 1365 I am happy to see that also in last Tuesdays COT Data some interesting changes occurred. From the chart we hit the upper boundary of the expanding flat / rising wedges and I guess if we would not have last night's military mess in turkey 1310-1320 would have been the EOW close. From the Chart we currently have 2 targets. 1250 at the lower boundary of the rising wedge and 1210 at the lower boundary of the expanding flat.

Trade closed manually

BOJ Madness....
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