ThirdEyeTraders

Gold Sell (Take Profit) Below

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Good day guys! This is a trade I have been holding for over a week now. I took a little steam while my floating profits were showing a negative of 5k and because my algorithm was pointing all the signs for a bearish move, I figured we would get one this week. And that we did received. I am now up 10k I believe a good take profit level is 1702.77 with the possibility of going lower to 1673.81. Remember to trail your stop loss into profit. You have to remember that JP Morgan has been caught manipulating metals, so the markets are looking to take from the metals market. People assume more stimulus equals higher gold. I am not saying that should not be the case, but at this time I believe Bitcoin is sharing that comparison and Gold move is coming. Be sure to like and leave a comment below if you appreciate my analysis or your thoughts at all. We appreciate you for checking out our post and remember, we will see you on the other side.

Rodrick (CEO)
Third Eye Traders

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